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Pelion unit plans sale of 1,001 Weave shares

A former affiliate fund files to sell 1,001 shares of Weave Communications common stock under Rule 144, disclosing additional recent sales activity.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Weave Communications, Inc. (WEAV) is the issuer of common stock for which PELION VENTURES VI-A has filed a notice of proposed sale under Rule 144. The filing lists 1,001 shares of Weave common stock to be sold through Morgan Stanley Smith Barney LLC, with the seller identified as a former affiliate.

The securities to be sold were originally acquired on October 16, 2015 in a private acquisition from the issuer or an affiliate for cash. The notice also reports recent Rule 144 sales of Weave common stock over the prior three months by PELION VENTURES VI-A LP and PELION VENTURES VI LP, including multiple transactions on August 26 and August 27, 2026.

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Shares to be sold under Rule 144 1,001 shares Weave Communications common stock proposed for sale by PELION VENTURES VI-A
Aggregate market value for proposed sale $7,357.35 Value listed alongside the 1,001 shares of Weave common stock in the securities information section
Recent sale by PELION VENTURES VI-A LP 2,201 shares for $16,067.96 Weave common stock sold on August 27, 2026
Recent sale by PELION VENTURES VI LP 32,191 shares for $235,003.96 Weave common stock sold on August 27, 2026
Additional sale by PELION VENTURES VI-A LP 6,757 shares for $49,326.10 Weave common stock sold on August 26, 2026
Additional sale by PELION VENTURES VI LP 98,814 shares for $721,342.20 Weave common stock sold on August 26, 2026
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Former Affiliate regulatory
"In the issuer information section, the seller is identified as Former Affiliate."
Private Acquisition from Issuer/Affiliate financial
"The securities to be sold were acquired in a Private Acquisition from Issuer/Affiliate."

FAQ

What does the Form 144 filing disclose for Weave Communications (WEAV)?

The filing discloses that PELION VENTURES VI-A, a former affiliate, has notified of a proposed sale of 1,001 shares of Weave Communications common stock under Rule 144, and lists details of recent sales of Weave shares by related Pelion funds.

How many WEAV shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 1,001 shares of Weave Communications, Inc. common stock. These shares are to be sold through Morgan Stanley Smith Barney LLC as broker, according to the Form 144 disclosure.

Who is selling WEAV shares in this Rule 144 notice?

The person for whose account the securities are to be sold is PELION VENTURES VI-A. The filing identifies this party as a Former Affiliate in relation to Weave Communications, Inc.

When and how were the WEAV shares to be sold originally acquired?

The 1,001 Weave common shares covered by the notice were acquired on October 16, 2015 in a Private Acquisition from Issuer/Affiliate for cash, according to the Form 144 disclosure.

What recent WEAV share sales by Pelion funds are reported in the Form 144?

The filing reports that on August 27, 2026, PELION VENTURES VI-A LP sold 2,201 shares for $16,067.96 and PELION VENTURES VI LP sold 32,191 shares for $235,003.96, and on August 26, 2026 they sold 6,757 shares for $49,326.10 and 98,814 shares for $721,342.20, respectively.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

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

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