Weave (NASDAQ: WEAV) holder lines up 32K-share NYSE sale
Rhea-AI Filing Summary
Weave Communications, Inc. (WEAV) has a selling security holder, Pelion Ventures VI, filing a notice of proposed sale of restricted or control stock under Rule 144. Pelion Ventures VI plans to sell up to 32,191 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE around August 27, 2026.
The shares proposed for sale were originally acquired from the issuer or an affiliate on October 16, 2015 in a private, cash transaction. Related entities have recently sold shares: Pelion Ventures VI LP sold 98,814 shares and Pelion Ventures VI-A LP sold 6,757 shares of Weave common stock on August 26, 2026.
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Key Figures
Shares proposed to be sold: 32,191 shares
Aggregate market value of proposed sale: $235,003.96
Shares outstanding: 79,999,119 shares
+4 more
7 metrics
Shares proposed to be sold
32,191 shares
Common stock to be sold by Pelion Ventures VI under Rule 144
Aggregate market value of proposed sale
$235,003.96
Value of 32,191 WEAV shares proposed for sale
Shares outstanding
79,999,119 shares
Weave Communications common stock outstanding used in Form 144
Recent sale by Pelion Ventures VI LP
98,814 shares; $721,342.20
WEAV common stock sold on August 26, 2026
Recent sale by Pelion Ventures VI-A LP
6,757 shares; $49,326.10
WEAV common stock sold on August 26, 2026
Approximate date of proposed sale
August 27, 2026
Proposed timing for Rule 144 sale of 32,191 shares
Date of original acquisition
October 16, 2015
Private acquisition from issuer/affiliate for the 32,191 shares
Key Terms
Rule 144, aggregate market value, Former Affiliate, Private Acquisition from Issuer/Affiliate, +1 more
5 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.
aggregate market value financial
"Common ... 32191 | 235003.96 | 79999119 | 08/27/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Former Affiliate regulatory
"Former Affiliate 144: Securities Information"
Private Acquisition from Issuer/Affiliate financial
"Common | 10/16/2015 | Private Acquisition from Issuer/Affiliate"
Securities To Be Sold regulatory
"144: Securities To Be Sold"
FAQ
What does the Form 144 filing mean for Weave Communications, Inc. (WEAV)?
The filing reports that Pelion Ventures VI, a former affiliate, intends to sell up to 32,191 shares of Weave common stock under Rule 144 through a broker on the NYSE. It reflects a planned sale by an existing holder, not a new issuance by Weave.
AI-generated analysis. How Rhea-AI works. Not financial advice.