HealthStream (HSTM) grants 3,639 RSUs to executive vice president
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Collier Michael Manning reported acquisition or exercise transactions in this Form 4 filing.
HEALTHSTREAM INC executive Michael Manning Collier received a grant of 3,639 restricted share units (RSUs). Each RSU represents the right to receive one share of common stock upon vesting. The award vests over four years: 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. Following this award, he directly holds 54,782 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Collier Michael Manning
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 3,639 | $0.00 | -- |
| holding | Common Stock Holding | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 3,639 shares (Direct);
Common Stock Holding — 54,782 shares (Direct)
Footnotes (1)
- Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit. 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. Not applicable.
FAQ
What insider transaction did HealthStream (HSTM) report for Michael Manning Collier?
HealthStream reported that Executive Vice President Michael Manning Collier received 3,639 restricted share units. These RSUs are a stock-based compensation award that can convert into an equal number of common shares if and when they vest under the specified schedule.
What is the vesting schedule for Michael Manning Collier’s RSUs at HealthStream (HSTM)?
The RSUs vest over four years: 15% on March 18, 2027, 20% on March 18, 2028, 30% on March 18, 2029, and 35% on March 18, 2030. Vesting is contingent on Collier’s continued service at each vesting date.
Is the HealthStream (HSTM) RSU grant to Michael Manning Collier an open-market purchase or sale?
The RSU grant is not an open-market purchase or sale. It is a stock-based compensation award classified as a grant or other acquisition, with no purchase price, that may convert into shares if the vesting conditions are satisfied over time.