Weave CFO has 35,077 shares withheld for taxes
Weave Communications, Inc. Chief Financial Officer Jason Paul Christiansen reported a tax-related share disposition.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Weave Communications, Inc. Chief Financial Officer Jason Paul Christiansen reported a tax-related share disposition. On the settlement of vested restricted stock units, the company withheld 35,077 shares of common stock at $5.22 per share to satisfy tax obligations in an exempt transaction under Rule 16b-3(e). Following this withholding, he directly holds 726,322 shares of Weave common stock, indicating this was a compensation-related, non‑market event rather than an open-market sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 35,077 | $5.22 | $183K |
Footnotes (1)
- F1. In an exempt transaction pursuant to Rule 16b-3(e), shares of the Issuer's Common Stock were withheld by the Issuer to satisfy tax obligations relating to the acquisition of shares of the Issuer's Common Stock in connection with the settlement of the vested portion of restricted stock units.
Key Figures
Key Terms
Rule 16b-3(e) regulatory
restricted stock units financial
tax-withholding disposition financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did WEAV’s CFO report in this Form 4 filing?
Does this WEAV Form 4 show an open-market sale by the CFO?
What is the significance of Rule 16b-3(e) in this WEAV filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.