[144] Weave Communications, Inc. SEC Filing
Weave Communications (WEAV) filed a Form 144 reporting a proposed sale of 13,836 common shares acquired through restricted stock vesting. The filing shows the shares were acquired from the issuer on 09/15/2025 as compensation and the proposed sale is planned through Fidelity Brokerage Services on 09/16/2025 with an aggregate market value of $105,963. The filing reports 77,036,187 shares outstanding, and discloses a prior sale on 06/17/2025 of 11,409 shares that generated $97,318.77. By signing the notice the seller represents they do not possess undisclosed material adverse information about the issuer.
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Insights
TL;DR: Routine insider sale filing; modest share amount relative to outstanding stock suggests limited market impact.
The Form 144 documents a near-term proposed sale of 13,836 shares acquired via restricted stock vesting and designated as compensation. Relative to the issuer's reported 77.0 million shares outstanding, the proposed sale represents a very small fraction of the float, implying limited dilutive or market-impact significance. The filing also discloses a recent sale of 11,409 shares that generated $97,318.77, indicating the filer has transacted in the market recently. No proceeds use or trading plan details are provided beyond the broker and planned sale date, and there are no financial results or other operational disclosures in this filing.
TL;DR: The filing appears procedurally compliant and includes the seller's attestation about nonpublic material information.
The notice records acquisition via restricted stock vesting and specifies the broker, planned sale date, and aggregate market value, meeting typical Form 144 disclosure elements. The signer affirms they are not aware of undisclosed material adverse information, which is a standard representation on this form. The filing lacks details such as the identity of the account holder for the current proposed sale in the issuer sections and does not reference a Rule 10b5-1 trading plan; absence of such details is factual in the form but limits assessment of prearranged trading protections.