[Form 4] Weave Communications, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Erin Goodsell, Chief Legal Officer and Corporate Secretary of Weave Communications, Inc. (WEAV), reported a sale of common stock on 09/16/2025. The Form 4 shows Goodsell sold 7,585 shares at an average price of $7.73 per share to cover taxes arising from the release and settlement of restricted stock units. After the transaction, she beneficially owns 553,722 shares, held directly. The filing was signed 09/17/2025 and lists the transaction code S(1) indicating a sale to satisfy tax withholding obligations.
Positive
- None.
Negative
- None.
Insights
TL;DR: Officer sold shares to cover tax withholding; remaining ownership remains substantial.
The reported sale of 7,585 shares at $7.73 was executed under code S(1), which the filer explains was to cover tax withholding on released restricted stock units. This is a routine, non-discretionary disposition commonly seen after RSU vesting and does not indicate discretionary liquidity-taking beyond withholding. The post-transaction beneficial ownership of 553,722 shares remains material and is reported as direct ownership.
TL;DR: Transaction appears administrative in nature and consistent with standard post-vesting tax settlements.
The Form 4 discloses the reporting person is an officer and director and that the sale was to cover taxes upon RSU settlement. The disclosure is specific about the purpose and size of the sale, aligning with common insider reporting practices for tax-related dispositions. No additional arrangements or derivative transactions are reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,585 | $7.73 | $59K |
Footnotes (1)
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