HealthStream CEO granted 3,639 RSUs in Form 4
FRIST ROBERT A JR reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
FRIST ROBERT A JR reported acquisition or exercise transactions in this Form 4 filing.
HealthStream Inc. CEO and Chairman Robert A. Frist Jr. reported receiving a grant of 3,639 restricted share units (RSUs) on common stock. These RSUs vest over four years, with 15% on March 18, 2027, 20% on March 18, 2028, 30% on March 18, 2029, and 35% on March 18, 2030, contingent on continued service. After this grant, he holds 3,639 RSUs and 4,048,052 shares of common stock directly, along with additional indirect holdings through several family trusts, including 995,000 shares in the Bobby and Melissa Frist Children's 2012 GST-Exempt Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,639 shares
Grant/Award
11 txns
Insider
FRIST ROBERT A JR
Role
CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 3,639 | $0.00 | $0.00 |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 3,639 contracts (Direct);
Common Stock Holding — 4,048,052 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 (3)
- F1. Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit.
- F2. 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.
- F3. Not applicable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HealthStream (HSTM) CEO Robert A. Frist Jr. report on this Form 4?
Robert A. Frist Jr. reported receiving 3,639 restricted share units in HealthStream stock. These RSUs are a compensation award, not an open-market purchase, and will convert into common shares only as they vest over the next four years, assuming continued service.
How do the new RSUs for HSTM’s CEO vest over time?
The 3,639 HealthStream RSUs vest gradually from 2027 through 2030. Specifically, 15% vest on March 18, 2027, 20% on March 18, 2028, 30% on March 18, 2029, and the remaining 35% on March 18, 2030, contingent on continued service.
Is the HealthStream Form 4 a stock buy or a compensation grant?
This HealthStream Form 4 reflects a compensation grant, not a stock purchase. The CEO received 3,639 restricted share units at no cash price, representing equity-based pay that converts into common stock only as vesting conditions tied to future service are met.
What indirect HealthStream (HSTM) holdings are shown for the CEO on this Form 4?
The Form 4 lists several indirect HealthStream holdings for the CEO through family trusts. These include 10,000-share vested trusts for Carolyn, Cate Merriman, and Eleanor Knox Frist, multiple Louise, Merriman, Marie, and Knox trusts, and 995,000 shares in the Bobby and Melissa Frist Children’s 2012 GST-Exempt Trust.
Does this HealthStream Form 4 show any insider stock sales or purchases?
The Form 4 does not report any open-market stock sales or purchases by the CEO. It mainly records the grant of 3,639 restricted share units and updates existing direct and indirect common stock holdings, which are shown as position entries rather than new buy or sell transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
