Weave Communications director disposes of 153,681 shares
The merger terms provide $7.40 in cash per share, and Scanlon reported no directly held shares after the transaction.
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Rhea-AI Filing Summary
Weave Communications, Inc. director George P. Scanlon disposed of 153,681 shares on October 26, 2026, in connection with the merger. The merger terms converted each issued and outstanding common share into a right to receive $7.40 in cash per share. Certain of the reported shares were represented by previously reported restricted stock units, which were also converted into a right to receive cash, subject to the merger agreement. Scanlon reported 0 directly held shares following the transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2 | 153,681 | -- | -- |
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).
- 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
Effective Time technical
Merger Agreement financial
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