Weave (WEAV) Form 144 Shows Recent Insider Sales Totaling 31,828 Shares
Rhea-AI Filing Summary
Weave Communications, Inc. (WEAV) Form 144 reports a proposed sale of 7,585 common shares valued at $58,089.72 to be sold on 09/16/2025 through Fidelity Brokerage Services on the NYSE. The shares were acquired on 09/15/2025 by restricted stock vesting and paid as compensation. The filer also disclosed three sales by the same person in the prior three months totaling 31,828 shares for aggregate gross proceeds of $240,590.93 across dates 06/16/2025, 08/18/2025, and 08/19/2025. The notice includes the required representation that the seller is not aware of undisclosed material adverse information about the issuer.
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Insights
Routine insider sale filing for vested restricted shares; disclosure appears complete and compliant.
The Form 144 documents a proposed sale of 7,585 shares arising from restricted stock vesting and lists prior sales during the 3-month lookback period. The filing names the broker, provides share counts, market values, acquisition dates, and states the consideration was compensation. From a compliance perspective, the form contains the standard attestation regarding material nonpublic information and the broker/exchange details, which are key elements regulators expect for Rule 144 notices.
Insider sold 31,828 shares in recent months; transactions are disclosed but not necessarily material to company valuation.
The disclosed proposed sale is modest in value (approximately $58k) relative to typical market caps of public companies, though prior recent sales totaled about $240.6k. These transactions stem from restricted stock vesting and compensation, not open-market purchases, which clarifies the source. While insider sales can attract investor attention, the filing alone does not provide information on company performance or change the operating outlook.