HealthStream CEO granted 18,781 stock options
HEALTHSTREAM INC CEO and Chairman Robert A. Frist Jr. reported an equity compensation grant and updated indirect and direct holdings in HealthStream common stock.
Rhea-AI Filing Summary
HEALTHSTREAM INC CEO and Chairman Robert A. Frist Jr. reported an equity compensation grant and updated indirect and direct holdings in HealthStream common stock. The filing shows a grant of employee stock options covering 18,781 shares of common stock at an exercise price of $23.96 per share.
The options vest over four years, with 15% on May 8, 2027, 20% on each of May 8, 2028, 2029, and 2030, and the remaining 25% on May 8, 2031, contingent on continued service. After this grant, Frist holds 4,051,106 shares directly, plus several indirect positions through various family and children’s trusts, including 995,000 shares held by the Bobby and Melissa Frist Children’s 2012 GST-Exempt Trust.
Positive
- None.
Negative
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Insider Trade Summary
Grant/Award: 18,781 shares
Grant/Award
11 txns
Insider
FRIST ROBERT A JR
Role
CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 18,781 | $0.00 | $0.00 |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
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| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
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Holdings After Transaction:
Employee Stock Option (right to buy) — 18,781 contracts (Direct);
Common Stock Holding — 4,051,106 shares (Direct);
Common Stock Holding — 10,000 shares (Indirect, The Carolyn Marie Frist 2005 Vested Trust);
Common Stock Holding — 10,000 shares (Indirect, The Cate Merriman Frist 2005 Vested Trust);
Common Stock Holding — 10,000 shares (Indirect, The Eleanor Knox Frist 2005 Vested Trust);
Common Stock Holding — 0 shares (Indirect, By grantor retained annuity trust (1));
Common Stock Holding — 18,335 shares (Indirect, Louise Trust u/a/d 08-16-2007);
Common Stock Holding — 18,334 shares (Indirect, Merriman Trust u/a/d 08-16-2007);
Common Stock Holding — 18,334 shares (Indirect, Marie Trust u/a/d 08-16-2007);
Common Stock Holding — 18,334 shares (Indirect, Knox Trust u/a/d 08-16-2007);
Common Stock Holding — 995,000 shares (Indirect, Bobby and Melissa Frist Children's 2012 GST-Exempt Trust)
Footnotes (1)
- F1. The options are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on May 8, 2027, 20% vest on May 8, 2028, 20% vest on May 8, 2029, 20% vest on May 8, 2030, and the remaining 25% vest on May 8, 2031.
Key Figures
Option grant size: 18,781 options
Option exercise price: $23.96 per share
Option expiration: May 8, 2036
+5 more
8 metrics
Option grant size
18,781 options
Employee stock option grant on May 8, 2026
Option exercise price
$23.96 per share
Strike price for 18,781 employee stock options
Option expiration
May 8, 2036
Expiration date of granted employee stock options
Direct common shares held
4,051,106 shares
Direct ownership following reported transactions
Children’s 2012 GST-Exempt Trust holding
995,000 shares
Indirect common stock holding via Bobby and Melissa Frist Children’s 2012 GST-Exempt Trust
Knox Trust holding
18,334 shares
Indirect holding via Knox Trust u/a/d 08-16-2007
Louise Trust holding
18,335 shares
Indirect holding via Louise Trust u/a/d 08-16-2007
Each 2005 vested trust holding
10,000 shares
Indirect holdings via each of three 2005 vested trusts
Key Terms
Employee Stock Option (right to buy), grant/award acquisition, vesting schedule, grantor retained annuity trust, +1 more
5 terms
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)""
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
vesting schedule financial
"The options are subject to a four year vesting schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
grantor retained annuity trust financial
"nature_of_ownership: "By grantor retained annuity trust (1)""
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
GST-Exempt Trust financial
"Bobby and Melissa Frist Children's 2012 GST-Exempt Trust"
FAQ
What insider transaction did HEALTHSTREAM INC (HSTM) report for Robert A. Frist Jr.?
HEALTHSTREAM INC reported that CEO and Chairman Robert A. Frist Jr. received an employee stock option grant for 18,781 shares at a $23.96 exercise price, along with updated direct and indirect common stock holdings in multiple family-related trusts.
How many HEALTHSTREAM INC (HSTM) stock options were granted and at what price?
The filing shows a grant of employee stock options covering 18,781 shares of HealthStream common stock, with an exercise price of $23.96 per share. These options are compensation-related and give the right to buy shares at that fixed price in the future.
What is the vesting schedule for the new HEALTHSTREAM INC (HSTM) stock options?
The options vest over several years: 15% on May 8, 2027, 20% on May 8, 2028, 20% on May 8, 2029, 20% on May 8, 2030, and 25% on May 8, 2031, all contingent on continued service at each vesting date.
What indirect HEALTHSTREAM INC (HSTM) holdings are reported through family trusts?
Indirect holdings include 995,000 shares held by the Bobby and Melissa Frist Children’s 2012 GST-Exempt Trust and several smaller positions, such as 18,334–18,335 shares in multiple 2007 trusts and 10,000-share positions in several 2005 vested trusts.
When do the newly granted HEALTHSTREAM INC (HSTM) options expire?
The employee stock options granted to Robert A. Frist Jr. have an expiration date of May 8, 2036. If not exercised by that date, the right to purchase the underlying 18,781 HealthStream common shares at $23.96 per share will lapse.
AI-generated analysis. How Rhea-AI works. Not financial advice.
