Weave CFO has 1,828 shares withheld for taxes
Weave Communications, Inc. Chief Financial Officer Jason Paul Christiansen reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
Weave Communications, Inc. Chief Financial Officer Jason Paul Christiansen reported a routine tax-related share disposition. On settlement of vested restricted stock units, the company withheld 1,828 shares of Common Stock to cover tax obligations, in an exempt transaction under Rule 16b-3(e). Following this withholding, Christiansen directly holds 724,494 shares of Weave Communications common stock. This event reflects compensation-related tax withholding rather than an open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,828 | $5.44 | $10K |
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.
Key Figures
Key Terms
Rule 16b-3(e) regulatory
restricted stock units financial
tax obligations financial
FAQ
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What insider transaction did Weave Communications (WEAV) report for its CFO?
What does Rule 16b-3(e) mean for this WEAV insider transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.