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Weave (WEAV) Insider Sale: CEO Disposes 53,953 Shares for Tax Withholding

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Brett T. White, Chief Executive Officer and Director of Weave Communications, Inc. (WEAV), reported a sale of 53,953 shares of common stock on 09/16/2025 at a price of $7.73 per share to cover taxes from the release and settlement of restricted stock units. After the sale, the filing shows the reporting person beneficially owns 1,922,071 shares, held directly. The Form 4 was executed by an attorney-in-fact, Erin Goodsell, on 09/18/2025. The filing lists no other derivative transactions or additional dispositions.

Positive

  • Substantial retained ownership: Reporting person still holds 1,922,071 shares after the transaction.
  • Transaction disclosed as tax-related: Sale was explicitly to cover taxes upon RSU release, not a discretionary cash-sale.
  • Timely and proper filing: Form 4 executed by attorney-in-fact and dated within two days of the transaction.

Negative

  • Shares sold: 53,953 shares were disposed of, reducing direct holdings by that amount.

Insights

TL;DR Insider sold shares to cover RSU taxes; large direct ownership remains, so dilution or cash-raising concerns appear limited.

The sale of 53,953 shares at $7.73 was explicitly described as a tax-withholding sale tied to the release of restricted stock units, not a discretionary open-market divestiture for cash needs. Following the transaction the reporting person retains 1,922,071 shares, indicating continued substantial alignment with shareholders. The transaction size relative to holdings is small and the filing shows no options or derivatives activity. For investors, this is a routine insider tax sale rather than a change in control or a signal of major liquidity needs.

TL;DR Routine Form 4 disclosure of RSU tax withholding sale; governance transparency maintained by timely filing and attorney-in-fact signature.

The Form 4 clearly identifies the reporting person as both CEO and Director and documents the mechanics of the transaction as tax-related. The use of an attorney-in-fact to sign on 09/18/2025 is properly disclosed. There are no indications of unusual insider activity, related-party transactions, or changes in control. Record shows compliance with Section 16 reporting responsibilities for this event.

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).
1. Name and Address of Reporting Person*
WHITE BRETT T

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025
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 09/16/2025 S(1) 53,953 D $7.73 1,922,071 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. Represents the aggregate number of shares of the Issuer's common stock sold by the Reporting Person on September 16, 2025 to cover taxes due upon the release and settlement of the restricted stock units.
Remarks:
/s/ Erin Goodsell, as Attorney-in-Fact 09/18/2025
** 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 did WEAV insider Brett T. White sell on 09/16/2025?

He sold 53,953 shares of Weave Communications common stock at $7.73 per share to cover taxes from RSU vesting.

How many WEAV shares does Brett T. White beneficially own after the sale?

The Form 4 reports he beneficially owns 1,922,071 shares following the reported transaction.

Why was the sale made according to the Form 4?

The filing states the sale was executed to cover taxes due upon the release and settlement of restricted stock units.

Who signed the Form 4 for Brett T. White and when?

The Form 4 was signed by Erin Goodsell, as Attorney-in-Fact, on 09/18/2025.

Were there any derivative transactions reported in this filing?

No derivative securities (options, warrants, or other instruments) were reported in Table II of the Form 4.
Weave Communications Inc

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