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Weave (WEAV) Insider Sale: 14,236 Shares Sold to Cover RSU Taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Insider sale to cover taxes on RSU vesting. Joseph David McNeil, Chief Revenue Officer of Weave Communications, sold 14,236 shares of common stock on 09/16/2025 at a reported price of $7.73 per share to cover taxes upon release and settlement of restricted stock units. After the transaction he beneficially owned 394,824 shares, reported as direct ownership. The Form 4 was filed by one reporting person and signed by an attorney-in-fact on 09/18/2025. The filing discloses a routine, tax-related disposal rather than an open-market investment decision.

Positive

  • Significant retained ownership: Reporting person continues to directly own 394,824 shares after the sale, indicating continued alignment with shareholders

Negative

  • None.

Insights

Routine, tax-driven insider sale; not a material change in ownership.

The sale of 14,236 shares at $7.73 was executed expressly to cover tax obligations from RSU settlement, per the filer’s explanation. Post-transaction direct ownership of 394,824 shares indicates sustained insider exposure to company equity. There is no indication of additional dispositions, option exercises, or change in control. For investors, this transaction reads as administrative and not an indication of altered confidence by the officer.

Disclosure aligns with Section 16 reporting norms; appears procedural and compliant.

The Form 4 includes the required details: reporting person identity, relationship (Chief Revenue Officer), transaction date, amount sold, price, ownership after sale, and an explanation that proceeds covered taxes on RSU vesting. Filing by one reporting person and signature by an attorney-in-fact are documented. No governance or compliance concerns are evident from the disclosed information.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
McNeil Joseph David

(Last) (First) (Middle)
C/O WEAVE COMMUNICATIONS, INC.
1331 W. POWELL WAY

(Street)
LEHI UT 84043

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Weave Communications, Inc. [ WEAV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Revenue Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/16/2025 S(1) 14,236 D $7.73 394,824 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the aggregate number of shares of the Issuer's common stock sold by the Reporting Person on September 16, 2025 to cover taxes due upon the release and settlement of the restricted stock units.
Remarks:
/s/ Erin Goodsell, as Attorney-in-Fact 09/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What shares did WEAV insider Joseph McNeil sell on 09/16/2025?

The filing reports a sale of 14,236 shares of Weave Communications common stock executed on 09/16/2025.

At what price were the WEAV shares sold in the Form 4?

The shares were reported sold at $7.73 per share.

Why did the WEAV insider sell shares according to the Form 4?

The Form 4 states the shares were sold to cover taxes due upon the release and settlement of restricted stock units.

How many WEAV shares does the reporting person own after the transaction?

After the sale the reporting person beneficially owned 394,824 shares (direct ownership).

Who filed and signed the Form 4 for WEAV?

The Form 4 was filed for Joseph David McNeil and signed by Erin Goodsell, as Attorney-in-Fact, dated 09/18/2025.
Weave Communications Inc

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