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[Form 4] Weave Communications, Inc. Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Brett T. White, Chief Executive Officer and Director of Weave Communications, Inc. (WEAV), reported a sale of 28,112 shares of the issuer's common stock on 08/18/2025 at a price of $7.98 per share. The filing states the shares were sold to cover taxes due upon the release and settlement of restricted stock units. Following the reported transaction the reporting person beneficially owns 1,976,024 shares, reported as direct ownership. The Form 4 was filed by one reporting person and signed by Erin Goodsell as Attorney-in-Fact on 08/20/2025.

Positive
  • Timely disclosure of insider transaction via Form 4 with Attorney-in-Fact signature
  • Substantial retained ownership after the sale: 1,976,024 shares held directly
Negative
  • Disposition of 28,112 shares on 08/18/2025 at $7.98 per share reduces insider position
  • Sale indicates RSU tax obligations, which increases near-term insider selling pressure (tax-related)

Insights

TL;DR Insider sold a small tranche of shares explicitly to cover taxes from RSU vesting; large remaining ownership retained.

The Form 4 documents a routine tax-related disposition rather than an opportunistic sale. The reporting person is both CEO and a director, and retains substantial direct ownership of 1,976,024 shares after the sale, which supports continued alignment with shareholders. The disclosure was timely and executed via an attorney-in-fact, indicating procedural adherence. Materiality is limited given the size of the sale relative to the remaining stake, and no additional derivative transactions or plans are disclosed in this filing.

TL;DR A tax-covering sale of 28,112 shares at $7.98, leaving nearly two million shares beneficially owned; impact appears routine and immaterial.

The transaction code and explanation identify the sale as S(1) to satisfy tax withholding obligations from RSU settlement. The reported per-share price of $7.98 provides a concrete execution price for the disposition. There are no reported derivative instruments or additional dispositions in this filing. Given the continued large direct ownership, the sale does not by itself signal a change in insider alignment or control based on the information provided.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WHITE BRETT T

(Last) (First) (Middle)
C/O WEAVE COMMUNICATIONS, INC.
1331 W. POWELL WAY

(Street)
LEHI UT 84043

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Weave Communications, Inc. [ WEAV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/18/2025 S(1) 28,112 D $7.98 1,976,024 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the aggregate number of shares of the Issuer's common stock sold by the Reporting Person on August 18, 2025 to cover taxes due upon the release and settlement of the restricted stock units.
Remarks:
/s/ Erin Goodsell, as Attorney-in-Fact 08/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did WEAV insider Brett T. White disclose on the Form 4?

The filing shows a sale of 28,112 shares on 08/18/2025 at $7.98 per share to cover taxes from RSU settlement.

How many WEAV shares does Brett T. White beneficially own after the transaction?

The Form 4 reports 1,976,024 shares beneficially owned following the reported transaction.

What was the reason given for the sale of WEAV shares?

The filing explanation states the shares were sold to cover taxes due upon the release and settlement of restricted stock units.

Who signed the Form 4 and when was it signed?

The Form 4 bears the signature of Erin Goodsell, as Attorney-in-Fact dated 08/20/2025.

What is Brett T. White's role at Weave Communications according to the filing?

The filing identifies Brett T. White as a Director and Officer with the title Chief Executive Officer.
Weave Communications Inc

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United States
LEHI