Weave Communications (WEAV) CEO reports tax-related stock withholding
Rhea-AI Filing Summary
Weave Communications, Inc.’s chief executive officer and director reported a tax-related disposition of company stock. On 12/15/2025, 49,756 shares of common stock were withheld by the issuer at $6.75 per share to satisfy tax obligations tied to the settlement of vested restricted stock units, in an exempt transaction under Rule 16b-3(e).
After this withholding, the reporting person beneficially owns 1,872,315 shares of Weave Communications common stock directly.
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FAQ
What insider transaction did Weave Communications (WEAV) disclose?
The filing reports that the company’s chief executive officer, who is also a director, had 49,756 shares of Weave Communications common stock withheld by the issuer in a tax-related transaction.
When did the reported Weave Communications (WEAV) transaction occur?
The transaction took place on 12/15/2025, as shown in Table I of the report.
What price per share was used in the Weave Communications (WEAV) tax withholding?
The shares of Weave Communications common stock were valued at $6.75 per share for this tax withholding transaction.
How many Weave Communications (WEAV) shares does the insider own after the transaction?
Following the reported transaction, the reporting person beneficially owns 1,872,315 shares of Weave Communications common stock, held directly.
Why were the Weave Communications (WEAV) shares withheld in this Form 4 filing?
The explanation states that shares of the issuer’s common stock were withheld by the issuer to satisfy tax obligations related to the acquisition of shares upon settlement of vested restricted stock units.
How is this Weave Communications (WEAV) transaction treated under SEC rules?
The transaction is described as an exempt transaction pursuant to Rule 16b-3(e), which applies to certain issuer-related dealings with insiders, such as tax withholding on equity awards.