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Tax withholding trims Weave (WEAV) CRO stake by 34,241 shares

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

Rhea-AI Filing Summary

Weave Communications, Inc. Chief Revenue Officer Joseph David McNeil reported a routine tax-withholding transaction involving company stock. On March 13, 2026, 34,241 shares of common stock were withheld by the company at $4.88 per share to satisfy tax obligations tied to vesting restricted stock units. After this exempt Rule 16b-3(e) transaction, McNeil directly owned 471,480 shares of Weave common stock.

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SEC Form 4
FORM 4 UNITED 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 UT 84043

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Weave Communications, Inc. [ WEAV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Revenue Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/13/2026 F(1) 34,241 D $4.88 471,480 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount 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-Fact 03/17/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Weave Communications (WEAV) report for its CRO?

Weave Communications reported a tax-related share disposition by its Chief Revenue Officer. On March 13, 2026, 34,241 common shares were withheld by the company to cover tax obligations from vested restricted stock units, rather than being sold in the open market.

How many Weave Communications (WEAV) shares were withheld for taxes and at what price?

A total of 34,241 Weave Communications common shares were withheld for taxes at $4.88 per share. This was an exempt transaction under Rule 16b-3(e), used to satisfy tax liabilities from the settlement of vested restricted stock units awarded to the executive.

Did the Weave Communications (WEAV) CRO sell shares in the open market?

No open-market sale occurred in this transaction. The Form 4 shows an F-code tax-withholding disposition, where the issuer withheld 34,241 shares to cover tax obligations on vested restricted stock units, rather than the executive selling shares to third-party buyers.

How many Weave Communications (WEAV) shares does the CRO hold after this filing?

Following the tax-withholding transaction, the Chief Revenue Officer directly held 471,480 shares of Weave Communications common stock. This figure reflects his remaining direct ownership after 34,241 shares were withheld by the company to satisfy tax liabilities on vested restricted stock units.

What does transaction code F mean in the Weave Communications (WEAV) Form 4?

Transaction code F indicates a tax-withholding disposition. In this case, Weave Communications withheld 34,241 common shares from the executive at $4.88 per share to pay tax obligations arising from the acquisition of stock upon settlement of vested restricted stock units.

Why was the Weave Communications (WEAV) insider transaction described as exempt?

The transaction is described as exempt under Rule 16b-3(e). This rule allows issuers to withhold shares from insiders to satisfy tax obligations on equity awards, such as vested restricted stock units, without treating the withholding as a traditional market purchase or sale.
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