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Weave Communications (NASDAQ: WEAV) CRO has 19,140 shares withheld for RSU tax obligations

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Weave Communications, Inc. Chief Revenue Officer Joseph David McNeil reported a tax-related share disposition. On June 15, 2026, 19,140 shares of common stock were withheld at $5.44 per share to satisfy tax obligations tied to vested restricted stock units. This exempt transaction under Rule 16b-3(e) was not an open-market sale, and McNeil now directly holds 752,340 shares of Weave Communications common stock.

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Insider McNeil Joseph David
Role Chief Revenue Officer
Type Security Shares Price Value
Tax Withholding Common Stock 19,140 $5.44 $104K
Holdings After Transaction: Common Stock — 752,340 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 19,140 shares Tax-withholding disposition on June 15, 2026
Price per share for withholding $5.44 per share Valuation used for tax-withholding shares
Shares held after transaction 752,340 shares Direct holdings following tax-withholding event
Transaction code F Payment of tax liability by delivering securities
Transaction direction dispose Classified as tax-withholding disposition, not market sale
Rule 16b-3(e) regulatory
"In an exempt transaction pursuant to Rule 16b-3(e), shares of the Issuer's Common Stock were withheld..."
restricted stock units financial
"...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."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax obligations financial
"...were withheld by the Issuer to satisfy tax obligations relating to the acquisition of shares..."
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McNeil Joseph David

(Last)(First)(Middle)
C/O WEAVE COMMUNICATIONS, INC.
1331 W. POWELL WAY

(Street)
LEHI UTAH 84043

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Weave Communications, Inc. [ WEAV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Revenue Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026F(1)19,140D$5.44752,340D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ Tyler Waltman, as Attorney-in-Fact06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did WEAV executive Joseph David McNeil report?

Joseph David McNeil reported a tax-withholding disposition of 19,140 Weave Communications shares. The company withheld these shares to cover taxes due on vested restricted stock units, rather than selling them on the open market.

Was the WEAV insider transaction an open-market sale of shares?

No, the transaction was not an open-market sale. Shares were withheld by Weave Communications to satisfy tax obligations related to the settlement of vested restricted stock units in an exempt transaction under Rule 16b-3(e).

How many WEAV shares were withheld for taxes in this Form 4 filing?

A total of 19,140 shares of Weave Communications common stock were withheld. These shares covered tax liabilities arising from the acquisition of shares upon settlement of vested restricted stock units held by Chief Revenue Officer Joseph David McNeil.

At what price per share were WEAV shares valued for the tax withholding?

The withheld shares were valued at $5.44 per share for this tax-withholding transaction. This price was used to determine the number of shares needed to cover Joseph David McNeil’s tax obligations on his vested restricted stock units.

How many WEAV shares does Joseph David McNeil hold after the transaction?

Following the tax-withholding disposition, Joseph David McNeil directly holds 752,340 shares of Weave Communications common stock. This figure reflects his position after the company withheld shares to satisfy RSU-related tax obligations.

What is Rule 16b-3(e) and how does it apply to this WEAV filing?

Rule 16b-3(e) provides an exemption for certain insider transactions involving equity compensation. In this case, it covers Weave Communications’ withholding of shares from Joseph David McNeil to pay taxes on vested restricted stock units, treating the event as an exempt, non-market transaction.