Weave Communications grants 150,000 RSUs to counsel
Waltman Tyler Otis reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Waltman Tyler Otis reported acquisition or exercise transactions in this Form 4 filing.
Weave Communications reported that its General Counsel and Corporate Secretary, Tyler Otis Waltman, received a grant of 150,000 shares of Common Stock in the form of time-based restricted stock units (RSUs) at no cash cost. These RSUs vest as to 33% of the total shares on March 1, 2027, with the remaining shares vesting in equal quarterly installments over the following two years, contingent on his continued employment on each vesting date. Following this award, he is reported as directly holding 150,000 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 150,000 | $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) disclose for Tyler Otis Waltman?
How do the RSUs granted to Weave Communications’ General Counsel vest?
Is the Weave Communications (WEAV) Form 4 transaction a market buy or sell?
What role does Tyler Otis Waltman hold at Weave Communications (WEAV) in this filing?
What conditions must be met for the Weave Communications RSUs to fully vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.