STOCK TITAN

Weave (NASDAQ: WEAV) COO has 11,782 shares withheld for RSU tax payment

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

Rhea-AI Filing Summary

Weave Communications, Inc. Chief Operating Officer Marcus Bertilson reported a routine share withholding related to taxes. On June 15, 2026, 11,782 shares of common stock were withheld by the company at $5.44 per share to satisfy tax obligations from vested restricted stock units. This was an exempt transaction under Rule 16b-3(e) and not an open-market sale. After the transaction, Bertilson directly held 744,561 shares of Weave Communications common stock.

Positive

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Insider Bertilson Marcus
Role Chief Operating Officer
Type Security Shares Price Value
Tax Withholding Common Stock 11,782 $5.44 $64K
Holdings After Transaction: Common Stock — 744,561 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 11,782 shares Tax-withholding disposition on June 15, 2026
Withholding price per share $5.44 per share Value used for tax-withholding disposition
Shares held after transaction 744,561 shares Direct common stock holdings after June 15, 2026
Tax-withholding shares in summary 11,782 shares Reported as taxWithholdingShares in transaction summary
Transaction date June 15, 2026 Date of tax-withholding disposition
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 ... 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
"shares ... were withheld by the Issuer to satisfy tax obligations relating to the acquisition of shares"
Common Stock financial
"shares of the Issuer's Common Stock were withheld by the Issuer"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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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*
Bertilson Marcus

(Last)(First)(Middle)
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 Operating 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)11,782D$5.44744,561D
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 did Weave Communications (WEAV) insider Marcus Bertilson report on this Form 4?

Marcus Bertilson reported that 11,782 Weave Communications common shares were withheld by the company. The withholding covered tax obligations tied to vested restricted stock units and did not involve an open-market stock sale.

Was the WEAV Form 4 transaction by Marcus Bertilson an open-market sale of shares?

No, the Form 4 shows no open-market sale. Instead, 11,782 shares were withheld by Weave Communications to satisfy tax obligations related to vested restricted stock units in an exempt transaction under Rule 16b-3(e).

How many Weave Communications (WEAV) shares were withheld for taxes in this filing?

The filing reports that 11,782 shares of Weave Communications common stock were withheld. These shares covered tax obligations arising from the settlement of the vested portion of restricted stock units held by Chief Operating Officer Marcus Bertilson.

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

The withheld Weave Communications shares were valued at $5.44 per share. This price is used in the Form 4 to describe the tax-withholding disposition related to vested restricted stock units for Marcus Bertilson.

How many WEAV shares does Marcus Bertilson hold after this Form 4 transaction?

After the tax-withholding transaction, Marcus Bertilson directly holds 744,561 shares of Weave Communications common stock. The reported disposition represents only a small fraction of his total direct holdings in the company.

Why was the WEAV insider transaction classified under Rule 16b-3(e)?

The transaction was exempt under Rule 16b-3(e) because shares were withheld by the issuer to satisfy tax obligations. This rule typically covers insider transactions tied to equity compensation, such as restricted stock units, rather than discretionary market trades.