Weave Communications (WEAV) holder files Form 144 to sell 160,000 shares
Rhea-AI Filing Summary
Weave Communications has filed a notice that a shareholder intends to sell restricted common stock under Rule 144. The filing covers 160,000 shares of common stock, with an indicated aggregate market value of $1,035,136.00. These shares are planned to be sold through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate sale date of December 5, 2025. The seller originally acquired the 160,000 shares on October 16, 2015 in a private acquisition from the issuer and paid for them in cash. The table notes that 78,025,757 shares of the issuer’s common stock are outstanding, providing context for the potential sale size.
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FAQ
What does the Form 144 filing for WEAV disclose?
The Form 144 filing discloses that a holder of Weave Communications common stock plans to sell 160,000 shares of restricted or control securities under Rule 144.
How many WEAV shares are planned to be sold and what is their value?
The notice covers 160,000 common shares of Weave Communications with an indicated aggregate market value of $1,035,136.00.
When were the WEAV shares acquired and how were they paid for?
The 160,000 shares were acquired on October 16, 2015 in a private acquisition from the issuer or an affiliate, and the consideration was cash.
When and where are the WEAV shares expected to be sold?
The Form 144 lists an approximate sale date of December 5, 2025, with sales to take place on the NYSE through Morgan Stanley Smith Barney LLC.
How does the planned WEAV share sale compare to total shares outstanding?
The table states that Weave Communications has 78,025,757 common shares outstanding, giving context for the 160,000 shares that may be sold under this notice.
What representation does the selling person make in the WEAV Form 144?
By signing the notice, the selling person represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.