[Form 4] Weave Communications, Inc. Insider Trading Activity
McNeil Joseph David reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
McNeil Joseph David reported acquisition or exercise transactions in this Form 4 filing.
Weave Communications, Inc. reported that Chief Revenue Officer Joseph David McNeil received an equity award covering 300,000 shares of Common Stock in the form of time-based restricted stock units. The award has no purchase price and represents compensation rather than an open-market transaction.
According to the vesting schedule, 33% of the RSU award will vest on March 1, 2027, with the remaining units vesting in equal quarterly installments over the following two years, subject to his continued employment on each vesting date. After this grant, McNeil directly holds 771,480 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 300,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of Common Stock underlying a time-based restricted stock unit award ("RSU"). The RSU will vest as to 33% of the total number of shares on March 1, 2027, and the remainder in equal quarterly installments over the two years thereafter, until such time as the RSU is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Weave Communications (WEAV) report for its Chief Revenue Officer?
What is the vesting schedule for Joseph McNeil’s RSU award at Weave Communications (WEAV)?
Does Joseph McNeil pay a purchase price for his Weave Communications (WEAV) RSU grant?
Is the Weave Communications (WEAV) Form 4 transaction a market buy or sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.