Weave Communications COO disposes of 736,821 shares
Cash payments for unvested RSUs are subject to continued service through their applicable vesting dates.
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Rhea-AI Filing Summary
Weave Communications, Inc. Chief Operating Officer Marcus Bertilson reported the disposition of 736,821 common shares on October 26, 2026, leaving 0 shares directly held. Under the merger terms, each issued and outstanding common share was cancelled for the right to receive $7.40 in cash; certain reported shares were represented by previously reported RSUs. Cash payments for unvested RSUs are subject to continued service through their applicable vesting dates. The transaction was not reported as made under a Rule 10b5-1 plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2 | 736,821 | -- | -- |
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 financial
Surviving Corporation technical
FAQ
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Which parties entered into the WEAV merger agreement?
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