Weave Communications: Newton disposes of 60,272 shares
Certain shares in the direct transaction were previously reported restricted stock units, including fully vested deferred RSUs.
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Rhea-AI Filing Summary
Weave Communications, Inc. reported that director Tyler Newton disposed to the issuer of 60,272 directly held shares on October 26, 2026. The same issuer disposition covered 152,978 shares held by Tyler Newton Revocable Trust, 50,992 held by Mia Newton Revocable Trust, and 64,405 held by CIQP Fund. Under the Merger Agreement, each issued and outstanding common share was cancelled and converted into a right to receive $7.40 in cash; reported holdings after each transaction were zero shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2 | 60,272 | -- | -- |
| Disposition | Common Stock F2, F3 | 152,978 | -- | -- |
| Disposition | Common Stock F2, F4 | 50,992 | -- | -- |
| Disposition | Common Stock F2, F5, F6, F7 | 64,405 | -- | -- |
Footnotes (7)
- F1. Certain of these shares are represented by previously reported restricted stock units ("RSUs"), including fully vested deferred RSUs. At the effective time of the merger (the "Effective Time") each issued and outstanding RSU was cancelled and converted into the right to receive an amount equal to $7.40 in cash (the "Per Share Price"), subject to the terms set forth in the Merger Agreement (as defined below).
- F2. Pursuant to an Agreement and Plan of Merger (the "Merger Agreement") among Willow Parent, LLC, Willow Merger Sub, Inc., and Weave Communications, Inc. (the "Company"), each issued and outstanding share of the Company's common stock was cancelled and converted into the right to receive an amount in cash equal to the Per Share Price.
- 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 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.
- F7. 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 the 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 Securities Exchange Act of 1934, as amended, or for any other purpose.
Key Figures
Key Terms
restricted stock units financial
Effective Time technical
Merger Agreement technical
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What happened to WEAV RSUs in the merger?
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