Weave CFO Sells 8,010 Shares Worth $69K Under 10b5-1 Plan
Rhea-AI Filing Summary
Weave Communications (NYSE:WEAV) filed a Form 4 disclosing two small insider sales by Chief Financial Officer Jason Paul Christiansen.
• On June 16 2025 he sold 4,070 shares at an average price of $8.59 to cover taxes owed upon the vesting of restricted stock units.
• On June 17 2025 he sold 3,940 shares at $8.48 under a pre-arranged Rule 10b5-1 trading plan adopted on August 16 2024.
The transactions totaled 8,010 shares for proceeds of roughly $68,700. Post-sale, the CFO still owns 320,998 shares, meaning the divestiture represents approximately 2.4% of his prior direct holdings. No derivative security activity was reported, and there are no indications of additional material events or changes in beneficial ownership beyond these routine, pre-planned sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,940 | $8.48 | $33K |
| Sale | Common Stock | 4,070 | $8.59 | $35K |
Footnotes (2)
- F1. Represents the aggregate number of shares of the Issuer's common stock sold by the Reporting Person on June 16, 2025 to cover taxes due upon the release and settlement of the restricted stock units.
- F2. Sale effected pursuant to a Rule 10b5-1 sales plan, adopted by the Reporting Person on August 16, 2024.
FAQ
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What percentage of his stake did WEAV's CFO sell in these transactions?
Were the WEAV stock sales made under a 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.