[144] Weave Communications, Inc. SEC Filing
Form 144 notice for Weave Communications, Inc. (WEAV) reports a proposed sale of 1,006 common shares to be executed through Fidelity Brokerage Services on 08/19/2025 on the NYSE, with an aggregate market value of $8,068.12 and 77,036,187 shares outstanding. The filer acquired these 1,006 shares on 08/15/2025 under the company ESPP and paid in cash. The filing also discloses recent sales by the same person, Erin Goodsell: 7,472 shares sold on 06/16/2025 for $64,150.11 and 23,350 shares sold on 08/18/2025 for $186,372.70. The notice includes the standard signature representation that the seller is not aware of undisclosed material adverse information.
- Disclosure Compliance: The filer disclosed acquisition, broker, sale dates, amounts, and prior sales as required under Rule 144.
- Acquisition via ESPP: The 1,006 shares were acquired through the company ESPP and paid in cash, indicating standard employee participation.
- Insider Sales: The filer sold a total of 30,822 shares in the three-month period (7,472 and 23,350), which are material on a personal level though not contextualized against holdings.
- Limited Context: The filing contains no company operational or financial details, so investor implications of the sales cannot be assessed from this document alone.
Insights
TL;DR: Insider sale filings disclose small ESPP disposition and recent larger sales; no earnings or new material facts disclosed.
The filing shows a planned sale of 1,006 shares acquired through an ESPP two days earlier and paid in cash, with execution via Fidelity on 08/19/2025. Prior dispositions by the same person total 30,822 shares sold in June and August 2025 for combined gross proceeds of $250,522.81. From a trading-impact perspective, the disclosed transactions are procedural Rule 144 notifications required for restricted or control stock sales and do not, by themselves, convey new operational or financial information about Weave Communications. The reported aggregate market value of the planned sale is small relative to total shares outstanding.
TL;DR: Disclosure appears compliant with Rule 144; signature attests no undisclosed material adverse information.
The form documents acquisition via the issuers ESPP and timely notice of a proposed sale, including broker details and sale dates. The recent prior sales by the same individual are listed with dates and proceeds, supporting transparency. The representation regarding knowledge of material adverse information and the explicit broker and payment details align with standard compliance practices for insider transactions. No governance issues or regulatory concerns are evident from the information provided alone.