[144] Weave Communications, Inc. SEC Filing
Form 144 filing for Weave Communications, Inc. (WEAV) reports a proposed sale of 53,953 shares of common stock through Fidelity Brokerage Services on the NYSE with an aggregate market value of $413,199.05. The securities were acquired the prior day, 09/15/2025, via restricted stock vesting and paid as compensation. The approximate sale date is listed as 09/16/2025. The filing also discloses three prior sales by the same person during the past three months: 53,111 shares sold on 06/16/2025 for $455,979.18 and 28,112 shares sold on 08/18/2025 for $224,381.55. The filer certifies no undisclosed material adverse information.
- Securities were acquired via restricted stock vesting, indicating the shares represent compensation rather than an external purchase
- Sale will be executed through a major broker, Fidelity Brokerage Services LLC, on the NYSE
- Insider selling activity in the past three months totals 135,176 shares (53,953 proposed, 53,111 on 06/16/2025, 28,112 on 08/18/2025) for aggregate proceeds reported of $1,093,559.78
Insights
TL;DR: Insider intends to sell newly vested shares; recent sales indicate realization of compensation rather than a capital raise.
The filing shows 53,953 newly vested restricted shares proposed for sale through Fidelity with an approximate sale date of 09/16/2025. Prior transactions by the same person in June and August 2025 totaled 81,223 shares for gross proceeds of $680,360.73. These disclosures are routine for insiders selling vested compensation but are material for dilution and insider activity monitoring. No information in the filing indicates transaction conditions, price per share, or any trading plan adoption date.
TL;DR: Routine Rule 144 notice; raises governance questions only insofar as it documents insider disposition timing and amounts.
The form confirms the securities were acquired via restricted stock vesting and will be sold under Rule 144. The signer represents there is no undisclosed material information. The filing does not state any trading plan adoption or additional governance context. For stakeholders, the key compliance element is the representation about material information; the form contains no contrary disclosures.