What do the restricted share units (RSUs) in this HealthStream Form 4 represent?

Each restricted share unit represents a contingent right to receive one share of HealthStream common stock upon vesting. The RSUs vest over three-year schedules in equal annual installments, conditioned on continued service at each vesting date, converting into common shares when they vest.

Director Linda Rebrovick gains 3,148 shares at RSU vesting in HealthStream (HSTM)

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

HealthStream Inc. director Linda Rebrovick received 3,148 shares of common stock at no cost on vesting of restricted share units (RSUs). This award increased her direct common stock holdings to 57,329 shares.

The filing also shows exercises of RSUs into common stock across three grants, each RSU representing the right to receive one share upon vesting under multi-year vesting schedules contingent on continued service.

Insider Trade Summary

3,148 shares exercised/converted

Mixed 4 txns

Insider REBROVICK LINDA

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	1,126	$0.00	--
Exercise	Restricted Share Units	1,006	$0.00	--
Exercise	Restricted Share Units	1,016	$0.00	--
Grant/Award	Common Stock Holding	3,148	$0.00	--

Holdings After Transaction: Restricted Share Units — 0 shares (Direct, null); Common Stock Holding — 57,329 shares (Direct, null)

Footnotes (1)

Shares acquired on vesting of restricted share units. Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit. The RSU's are subject to a three year vesting schedule, contingent upon continued service at the time of vesting. The RSU's vest annually beginning June 6, 2024 in three equal installments. Not applicable. The RSU's are subject to a three year vesting schedule, contingent upon continued service at the time of vesting. The RSU's vest annually beginning May 30, 2025 in three equal installments. The RSU's are subject to a three year vesting schedule, contingent upon continued service at the time of vesting. The RSU's vest annually beginning May 29, 2026 in three equal installments.

Key Figures

Shares acquired via RSU vesting: 3,148 shares Total shares held after award: 57,329 shares First RSU block exercised: 1,016 units +3 more

6 metrics

Shares acquired via RSU vesting 3,148 shares Common stock received at $0.0000 per share

Total shares held after award 57,329 shares Direct common stock holdings following transactions

First RSU block exercised 1,016 units Restricted Share Units converted into common stock

Second RSU block exercised 1,006 units Restricted Share Units converted into common stock

Third RSU block exercised 1,126 units Restricted Share Units converted into common stock

Total RSU exercises 3,148 units Exercise or conversion of derivative securities (RSUs)

Key Terms

Restricted Share Units, vesting, contingent right, three year vesting schedule

4 terms

vesting financial

"Shares acquired on vesting of restricted share units."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

contingent right financial

"Each restricted share unit (RSU) represents the contingent right to receive one share of common stock"

three year vesting schedule financial

"The RSU's are subject to a three year vesting schedule, contingent upon continued service"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

06/09/2026 - 04:16 PM

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
Estimated average burden
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^*

REBROVICK LINDA

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock Holding	06/08/2026		A		3,148⁽¹⁾	A	$0	57,329	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Share Units	$0⁽²⁾	06/08/2026		M			1,126	⁽³⁾	⁽⁴⁾	Common Stock	1,126	$0	0	D
Restricted Share Units	$0⁽²⁾	06/08/2026		M			1,006	⁽⁵⁾	⁽⁴⁾	Common Stock	1,006	$0	1,006	D
Restricted Share Units	$0⁽²⁾	06/08/2026		M			1,016	⁽⁶⁾	⁽⁴⁾	Common Stock	1,016	$0	2,032	D

Explanation of Responses:

1. Shares acquired on vesting of restricted share units.

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

3. The RSU's are subject to a three year vesting schedule, contingent upon continued service at the time of vesting. The RSU's vest annually beginning June 6, 2024 in three equal installments.

4. Not applicable.

5. The RSU's are subject to a three year vesting schedule, contingent upon continued service at the time of vesting. The RSU's vest annually beginning May 30, 2025 in three equal installments.

6. The RSU's are subject to a three year vesting schedule, contingent upon continued service at the time of vesting. The RSU's vest annually beginning May 29, 2026 in three equal installments.

	/s/ Linda Rebrovick	06/09/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did HealthStream (HSTM) director Linda Rebrovick report in this Form 4?

Linda Rebrovick reported receiving 3,148 shares of HealthStream common stock at no cost from vesting restricted share units. These RSU-based shares increased her direct holdings to 57,329 shares, reflecting compensation-related equity rather than an open-market purchase or sale.

How many HealthStream (HSTM) shares does Linda Rebrovick now hold directly?

After the reported equity award, Linda Rebrovick directly holds 57,329 shares of HealthStream common stock. This total reflects the addition of 3,148 shares received upon vesting of restricted share units granted as part of her compensation structure as a director.

Were the HealthStream (HSTM) transactions open-market buys or sells?

The reported transactions were not open-market buys or sells. They reflect a grant or award of 3,148 shares at a price of $0.0000 per share tied to RSU vesting, plus related RSU exercises, all as part of compensation, not discretionary trading activity.

How many RSUs did Linda Rebrovick exercise or convert in this HealthStream filing?

The filing shows three RSU exercises totaling 3,148 units, with blocks of 1,016, 1,006, and 1,126 RSUs converting into common stock. These exercises align with scheduled vesting and correspond to the 3,148 common shares reported as acquired at no cost.