[144] Weave Communications, Inc. SEC Filing
Weave Communications, Inc. (WEAV) Form 144: An insider intends to sell 4,131 common shares on 09/16/2025 through Fidelity Brokerage Services (NYSE). The filing values those shares at $31,637.26 and reports 77,036,187 shares outstanding. The securities were acquired on 09/15/2025 upon restricted stock vesting from the issuer and the consideration is listed as compensation. The notice also discloses two recent open-market sales by the same person: 4,070 shares on 06/16/2025 for $34,942.58 and 3,940 shares on 06/17/2025 for $33,411.20. The filer certifies no undisclosed material adverse information and includes the standard signature and criminal liability warning.
- Full disclosure of transaction details including acquisition date, nature (restricted stock vesting), broker, and aggregate market value
 - Previous small open-market sales disclosed, showing consistency in reporting and transparency
 
- Insider sale occurred immediately after vesting, which may draw attention though no nonpublic information is claimed
 - Transaction size relative to outstanding shares is small, offering limited signal about company prospects (could be viewed as neutral rather than positive)
 
Insights
TL;DR: Insider plans a modest sale of newly vested restricted shares; transaction size is immaterial relative to shares outstanding.
The proposed sale of 4,131 shares valued at $31,637.26 is small versus the reported 77,036,187 shares outstanding, suggesting limited direct market impact. The shares were acquired by restricted stock vesting the day before sale, and the broker is Fidelity Brokerage Services. Recent prior sales in June of 4,070 and 3,940 shares indicate the insider has been selling in small tranches. This pattern may reflect routine liquidity needs tied to compensation rather than a change in company fundamentals. All observations are strictly based on the filing details provided.
TL;DR: Transaction appears compliant with required disclosures; timing suggests exercise of compensation-related liquidity.
The filing states acquisition by restricted stock vesting and sale through a registered broker, and includes the representation that no material nonpublic information exists. That supports procedural compliance with Rule 144 requirements. The close timing between vesting (09/15/2025) and the proposed sale (09/16/2025) is notable but not unusual for compensatory awards converted to cash. No governance red flags or unusual terms are present in the disclosed information.