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Weave (WEAV) insider files Form 144 for 3,897-share sale after vesting

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Weave Communications, Inc. (WEAV) filing of Form 144 reports a proposed sale of 3,897 common shares by a person for whose account the securities were acquired through restricted stock vesting on 09/15/2025. The filer lists the broker as Fidelity Brokerage Services LLC and an aggregate market value for the proposed sale of $29,227.50 with an approximate sale date of 09/22/2025 on the NYSE.

The filing also discloses a prior sale by the same person on 09/16/2025 of 4,131 shares for gross proceeds of $31,637.26. The notice includes the standard Rule 144 representation that the seller does not possess undisclosed material adverse information and identifies the securities as compensation-related restricted stock that vested and was paid on 09/15/2025.

Positive

  • Transparent disclosure of the proposed sale and recent prior sale, meeting Rule 144 notice requirements
  • Transaction tied to compensation (restricted stock vesting), indicating the shares were earned rather than purchased opportunistically
  • Broker identified (Fidelity Brokerage Services LLC) and intended execution date provided, improving traceability

Negative

  • Insider selling activity: proposed sale of 3,897 shares and a prior sale of 4,131 shares within days could be viewed as increased insider liquidity
  • Limited context: filing does not state the seller's remaining holdings or percentage ownership, restricting assessment of materiality

Insights

TL;DR: Insider plans to sell newly vested restricted shares; size is small relative to typical public float and appears procedural.

The Form 144 documents an insider sale of 3,897 shares received via restricted stock vesting on 09/15/2025, routed through Fidelity with an intended execution date of 09/22/2025. The filing also notes a sale of 4,131 shares on 09/16/2025. Both transactions are clearly labeled as compensation-related, and the aggregate values ($29,227.50 and $31,637.26) suggest these are modest-dollar, routine dispositions rather than large liquidity events. For investors, the disclosure meets Rule 144 notice requirements and provides transparency on insider selling activity without evidence in the filing of material nonpublic information.

TL;DR: Filing is a standard compliance disclosure showing an insider selling vested compensation shares; governance controls appear to be followed.

The notice includes the required representation that the signatory is unaware of undisclosed material adverse facts and references Rule 10b5-1 language for trading plans. The securities were acquired by restricted stock vesting and paid as compensation on 09/15/2025, which the filer has disclosed. The presence of both the proposed sale and a recent completed sale in mid-September indicates active reporting and adherence to disclosure obligations. No governance irregularities are evident from the information provided.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 for WEAV disclose about the proposed sale?

The form reports a proposed sale of 3,897 common shares (received via restricted stock vesting on 09/15/2025) with an aggregate market value of $29,227.50, through Fidelity Brokerage Services LLC, approximate sale date 09/22/2025 on the NYSE.

Was there a recent sale by the same person before this Form 144?

Yes. The filing discloses a sale on 09/16/2025 of 4,131 common shares for gross proceeds of $31,637.26 by the same person.

How were the shares acquired that are being sold?

The shares subject to the proposed sale were acquired through restricted stock vesting on 09/15/2025 and the payment/consideration is listed as compensation.

Does the filing indicate any undisclosed material information?

The signer represents that they do not know of any material adverse information regarding the issuer that has not been publicly disclosed, per the Form 144 declaration.

Which broker and exchange are listed for the proposed sale?

The broker is Fidelity Brokerage Services LLC (900 Salem Street, Smithfield, RI) and the intended exchange is the NYSE.
Weave Communications Inc

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