[144] Weave Communications, Inc. SEC Filing
Form 144 Overview: Weave Communications, Inc. (ticker WEAV) filed a Form 144 indicating a proposed sale of 4,070 common shares on or about 06/20/2025 through Fidelity Brokerage Services LLC on the NYSE. The estimated aggregate market value of the shares is $34,942.58.
Origin of Shares: The shares were acquired on 06/13/2025 via restricted-stock vesting classified as compensation from the issuer; no cash payment was made. The filing shows no additional sales by the same filer during the past three months.
Scale & Dilution Context: WEAV reports 75,181,804 shares outstanding, so the proposed disposition represents less than 0.01 % of total shares, implying limited dilution or price pressure.
Regulatory Declarations: The filer asserts that they possess no undisclosed material adverse information and acknowledges criminal liability for misstatements under 18 U.S.C. 1001.
Investment Takeaways:
- The transaction is routine, modest in size, and appears to be part of normal equity-compensation monetisation.
- While any insider sale can signal personal diversification, the dollar amount is immaterial relative to the company’s market capitalization.
- None.
- Insider sale notice: Proposed sale of 4,070 shares may be interpreted negatively by some investors, although the amount is immaterial (<0.01 % of shares outstanding).
Insights
TL;DR Form 144 discloses immaterial insider sale (4,070 shares, $35k); neutral impact given <0.01 % of shares outstanding.
Detailed View: The filing signals an executive or employee intends to sell recently vested restricted stock. Aggregate value is roughly $35k, negligible against WEAV’s float of >75 million shares. The absence of other recent sales and the compensation-based acquisition suggest routine liquidity rather than strategic divestment. Because Rule 144 requires advance notice, the market already expects such periodic activity. No operational or financial metrics are disclosed, and no negative statement about business prospects accompanies the notice. Accordingly, the filing is informational with minimal valuation relevance.