Former affiliate of Weave (NYSE: WEAV) plans NYSE stock sale
Rhea-AI Filing Summary
Weave Communications, Inc. (WEAV) is the issuer of common stock covered by a planned resale under Rule 144 for the account of Pelion Ventures VI, identified as a former affiliate. The filing contemplates the sale of 98,814 shares of WEAV common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE, with a stated aggregate market value of $721,342.20 as of the notice. The shares to be sold were originally acquired in private transactions from the issuer or an affiliate on October 16, 2015, for cash, in two blocks of 81,694 and 17,120 shares. The notice is signed by Steven M. Glover on behalf of the selling holder.
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Key Figures
Shares proposed to be sold: 98,814 shares of common stock
Aggregate market value: $721,342.20
Block 1 shares acquired: 81,694 shares
+2 more
5 metrics
Shares proposed to be sold
98,814 shares of common stock
Number of WEAV shares covered by the Rule 144 notice
Aggregate market value
$721,342.20
Market value associated with the 98,814 WEAV shares to be sold
Block 1 shares acquired
81,694 shares
Common shares acquired on 10/16/2015 via private acquisition from issuer/affiliate
Block 2 shares acquired
17,120 shares
Common shares acquired on 10/16/2015 via private acquisition from issuer/affiliate
Proposed sale date
08/26/2026
Date associated with the proposed NYSE sale disclosure
Key Terms
Rule 144, Former Affiliate, Private Acquisition from Issuer/Affiliate
3 terms
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
"Former Affiliate 144: Securities Information"
Private Acquisition from Issuer/Affiliate financial
"Common | 10/16/2015 | Private Acquisition from Issuer/Affiliate | Issuer"
FAQ
What does the Form 144 filing disclose for Weave Communications, Inc. (WEAV)?
The filing discloses that Pelion Ventures VI, a former affiliate, has notified of a planned sale of 98,814 shares of Weave Communications, Inc. common stock under Rule 144, with an indicated aggregate market value of $721,342.20 through Morgan Stanley Smith Barney LLC on the NYSE.
AI-generated analysis. How Rhea-AI works. Not financial advice.