HealthStream (HSTM) CFO receives 2,911 restricted share units in new grant

Rhea-AI Filing Summary

Roberts Scott Alexander reported acquisition or exercise transactions in this Form 4 filing.

HealthStream Inc CFO and SVP Scott Alexander Roberts received a grant of 2,911 restricted share units. Each RSU represents the right to receive one share of common stock upon vesting. The award vests over four years, contingent on continued service, with 15% vesting on March 18, 2027, 20% on March 18, 2028, 30% on March 18, 2029, and 35% on March 18, 2030. Following this award, he directly holds 32,563 shares of common stock.

Insights

Equity compensation analyst

Routine four-year RSU grant to HealthStream’s CFO, no open-market trading.

HealthStream Inc granted CFO and SVP Scott Alexander Roberts 2,911 restricted share units, each convertible into one common share upon vesting. This is compensation-related, with no purchase or sale of shares in the market.

The RSUs vest over a four-year schedule: 15% on March 18, 2027, 20% on March 18, 2028, 30% on March 18, 2029, and 35% on March 18, 2030, conditioned on continued service. Such staged vesting aligns the executive’s incentives with longer-term company performance.

After the award, Roberts directly holds 32,563 common shares, and there are no remaining derivative positions listed. Because this filing reflects a standard equity grant rather than discretionary buying or selling, it is best viewed as routine compensation, with limited signaling value about management’s view of the stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Roberts Scott Alexander

(Last) (First) (Middle)

500 11TH AVENUE NORTH

SUITE 850

(Street)

NASHVILLE TENNESSEE 37203

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HEALTHSTREAM INC [ HSTM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO and SVP

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock Holding								32,563	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(1)	03/18/2026		A		2,911		(2)	(3)	Common Stock	2,911	$0	2,911	D

Explanation of Responses:

1. Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit.

2. The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 18, 2027, 20% vest on March 18, 2028, 30% vest on March 18, 2029, and the remaining 35% vest on March 18, 2030.

3. Not applicable.

	/s/ Scott A. Roberts	03/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did HealthStream (HSTM) CFO Scott Alexander Roberts report in this Form 4?

He reported receiving 2,911 restricted share units as equity compensation. Each RSU can convert into one share of common stock upon vesting, increasing his potential ownership stake if service-based vesting conditions are met over time.

How many restricted share units did the HealthStream CFO receive?

Scott Alexander Roberts received 2,911 restricted share units. These units carry no purchase price and each represents a contingent right to one share of HealthStream common stock, subject to the specified multi-year vesting schedule and continued employment conditions.

What is the vesting schedule for the new HealthStream CFO RSU grant?

The 2,911 RSUs vest over four years. 15% vest on March 18, 2027, 20% on March 18, 2028, 30% on March 18, 2029, and the remaining 35% on March 18, 2030, provided he continues in service at each vesting date.

Does the HealthStream Form 4 show any stock sales or purchases by the CFO?

No open-market stock sales or purchases are reported. The filing shows a grant of 2,911 restricted share units and a holding entry, which is a compensation-related award rather than a discretionary market transaction in HealthStream common stock.

How many HealthStream common shares does the CFO hold after this RSU grant?

After the reported transactions, Scott Alexander Roberts directly holds 32,563 shares of HealthStream common stock. In addition, he has 2,911 restricted share units outstanding that may convert into common shares as they vest under the grant’s schedule.

What does each HealthStream restricted share unit represent for the CFO?

Each restricted share unit represents a contingent right to receive one share of HealthStream common stock. The units convert into shares only as they vest according to the time-based schedule and if the CFO continues to meet the service conditions.