Weave Communications (WEAV) insider Form 4 tax withholding on RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weave Communications, Inc. disclosed an insider equity transaction by its Chief Legal Officer and Corporate Secretary dated 12/15/2025. The filing reports that 7,511 shares of common stock were disposed of at $6.75 per share in a transaction coded "F," meaning the shares were withheld by the company to cover tax obligations arising from the settlement of vested restricted stock units.
Following this tax-withholding event, the officer beneficially owns 536,670 shares of Weave Communications common stock, held directly. The transaction is described as exempt under Rule 16b-3(e), indicating it is an administrative, tax-related adjustment rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Goodsell Erin
Role
Chief Legal Officer & Corp.Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,511 | $6.75 | $51K |
Holdings After Transaction:
Common Stock — 536,670 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Weave Communications (WEAV) report on this Form 4?
The report shows that 7,511 shares of Weave Communications common stock were disposed of at $6.75 per share in a code "F" transaction, where shares were withheld to satisfy tax obligations on vested restricted stock units.
Was the WEAV insider transaction an open-market sale?
No. The filing explains that the 7,511 shares were withheld by the issuer to cover tax obligations related to the settlement of vested restricted stock units, in an exempt transaction under Rule 16b-3(e), rather than sold on the open market.
What role does the reporting person hold at Weave Communications (WEAV)?
The reporting person is identified as an officer of Weave Communications, serving as Chief Legal Officer & Corporate Secretary.
What type of equity award led to the WEAV tax withholding transaction?
The explanation states that the tax withholding was related to the acquisition of common stock upon settlement of the vested portion of restricted stock units (RSUs).