Weave Communications corrects director share holdings
The 32,502 RSUs vest in full by June 10, 2027, or earlier at the first annual meeting of stockholders following June 10, 2026.
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Rhea-AI Filing Summary
Weave Communications, Inc. (WEAV) director Tyler Newton received a direct grant of 32,502 restricted stock units on June 10, 2026. The reported direct post-transaction holdings were 60,272 shares. The amendment corrects previously reported share and RSU holdings for Newton and the CIQP Fund after an administrative error.
Reported indirect holdings included 152,978 shares for the Tyler Newton Revocable Trust, 50,992 for the Mia Newton Revocable Trust and 64,405 held by Catalyst Investors QP IV, L.P. Newton disclaimed beneficial ownership of the trust shares except to the extent of his pecuniary interest; his interest in issuer securities was limited to any pecuniary interest, and the report was not an admission of beneficial ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 32,502 | $0.00 | $0.00 |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock F2, F5, F6, F7 | -- | -- | -- |
Footnotes (7)
- F1. Represents 32,502 restricted stock units (the "RSUs") granted to the Reporting Person as a director of the Issuer. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. The RSUs will vest in full on the earlier of (i) June 10, 2027 and (ii) the date of the first annual meeting of the Issuer's stockholders following June 10, 2026. Such grant is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in reliance on Rule 16b-3(d).
- F2. On June 12, 2026, the Reporting Person filed a Form 4 which inadvertently reported an incorrect number of shares and RSUs held by the Reporting Person and the CIQP Fund as a result of an administrative error. This amendment corrects the holdings of the Reporting Person and the CIQP Fund.
- F3. The Reporting Person is the trustee of the Tyler Newton Revocable Trust (the "Tyler Trust"). The Tyler Trust is a living trust of which the Reporting Person, his wife and members of his immediate family are the beneficiaries. The Reporting Person disclaims beneficial ownership of the securities held by the Tyler Trust except to the extent of his pecuniary interest in such securities.
- F4. The Reporting Person's wife is the trustee of the Mia Newton Revocable Trust (the "Mia Trust"). The Mia Trust is a living trust of which the Reporting Person, his wife and members of his immediate family are the beneficiaries. The Reporting Person disclaims beneficial ownership of the securities held by the Mia Trust except to the extent of his pecuniary interest in such securities.
- F5. Held by the CIQP Fund.
- F6. The Reporting Person's interest in the Issuer's securities is limited to the extent of the Reporting Person's pecuniary interest in such securities, if any, and neither the filing of this statement nor any of its contents will be deemed to constitute an admission by any Reporting Person, the CI Entities, or any other person/entity that he or it was, or is, the beneficial owner of any of the Issuer's securities for purposes of Section 16 of the Exchange Act, or for any other purpose.
- F7. The Reporting Person is a direct and/or indirect investor in Catalyst Investors IV, L.P. (the "CIIV Fund") and Catalyst Investors QP IV, L.P. (the "CIQP Fund," and, together with the CIIV Fund, the "CI Funds"). Catalyst Investors Partners IV, L.P. (the "CIPIV GP") serves as the general partner of each of the CI Funds. Catalyst Investors Partners IV, L.L.C. (the "CI LLC GP", and together with the CIPIV GP, the CIIV Fund, and the CIQP Fund, the "CI Entities") is the general partner of CIPIV GP.
Key Figures
Key Terms
restricted stock units financial
vesting financial
pecuniary interest financial
Rule 16b-3(d) regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When do Tyler Newton's WEAV restricted stock units vest?
What indirect WEAV holdings were reported for Tyler Newton's trusts and the CIQP Fund?
AI-generated analysis. How Rhea-AI works. Not financial advice.