Weave CFO has 4,006 shares withheld for taxes
Weave Communications, Inc. Chief Financial Officer Jason Paul Christiansen reported a routine tax-related share withholding.
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Rhea-AI Filing Summary
Weave Communications, Inc. Chief Financial Officer Jason Paul Christiansen reported a routine tax-related share withholding. On the settlement of vested restricted stock units, 4,006 shares of common stock were withheld by the company at $4.88 per share to cover tax obligations in an exempt Rule 16b-3(e) transaction. After this non-market disposition, he continues to hold 459,478 shares of Weave common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,006 | $4.88 | $20K |
Footnotes (1)
- F1. In an exempt transaction pursuant to Rule 16b-3(e), shares of the Issuer's Common Stock were withheld by the Issuer to satisfy tax obligations relating to the acquisition of shares of the Issuer's Common Stock in connection with the settlement of the vested portion of restricted stock units.
FAQ
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What insider transaction did Weave Communications (WEAV) disclose for its CFO?
What triggered the tax-withholding transaction reported by Weave Communications (WEAV)?
AI-generated analysis. How Rhea-AI works. Not financial advice.