Weave Communications counsel's 150,000 shares canceled
Merger consideration was $7.40 in cash per common share, while payments for unvested RSUs are subject to continued service through vesting dates.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Weave Communications, Inc. General Counsel & Corp. Sec. Tyler Otis Waltman disposed of 150,000 common shares on October 26, 2026, in connection with the merger. Under the merger agreement, each issued and outstanding common share was canceled and converted into a right to receive $7.40 in cash; his reported direct common-stock holdings afterward were zero shares. Certain shares were represented by previously reported restricted stock units, and cash payments for unvested units are subject to continued service through applicable vesting dates. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2 | 150,000 | -- | -- |
Footnotes (2)
- F1. Certain of these shares are represented by previously reported restricted stock units ("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). Following the Effective Time, the cash payments relating to the unvested RSUs are subject to the Reporting Person's continued service with the Surviving Corporation (as defined in the Merger Agreement) through the applicable vesting dates that would have otherwise applied to the corresponding RSU.
- 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.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Effective Time technical
Surviving Corporation technical
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.