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Weave Communications CFO's 706K shares cancelled

Cash payments relating to unvested RSUs are subject to continued service through the vesting dates that would otherwise have applied.

(Neutral)

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Form Type
4

Rhea-AI Filing Summary

Jason Paul Christiansen reported disposition transactions in this Form 4 filing. Weave Communications, Inc. Chief Financial Officer Jason Paul Christiansen reported that on October 26, 2026, 706,168 common shares were cancelled at the merger’s effective time; a related note says certain of these shares were represented by previously reported RSUs. Each issued and outstanding common share was converted into a right to receive $7.40 in cash. Separately, 109,481 stock options were cancelled and converted into a right to receive cash equal to the excess of $7.40 over the $7.00 exercise price. His reported direct holdings after the transactions were zero shares and zero options. Cash payments relating to unvested RSUs are subject to continued service through applicable vesting dates.

Insider Christiansen Jason Paul
Role Chief Financial Officer
Type Security Shares Price Value
Disposition Stock Option (right to buy) F2, F3 109,481 -- --
Disposition Common Stock F1, F2 706,168 -- --
Holdings After Transaction: Stock Option (right to buy) — 0 contracts (Direct); Common Stock — 0 shares (Direct)
Footnotes (3)
  1. F1. Certain of these shares are represented by previously reported restricted stock units ("RSUs"). At the effective time of the merger (the "Effective Time") each issued and outstanding RSU was cancelled and converted into the right to receive an amount equal to $7.40 in cash (the "Per Share Price"), subject to the terms set forth in the Merger Agreement (as defined below). Following the Effective Time, the cash payments relating to the unvested RSUs are subject to the Reporting Person's continued service with the Surviving Corporation (as defined in the Merger Agreement) through the applicable vesting dates that would have otherwise applied to the corresponding RSU.
  2. F2. Pursuant to an Agreement and Plan of Merger (the "Merger Agreement") among Willow Parent, LLC, Willow Merger Sub, Inc., and Weave Communications, Inc. (the "Company"), each issued and outstanding share of the Company's common stock was cancelled and converted into the right to receive an amount in cash equal to the Per Share Price.
  3. F3. At the Effective Time, each issued and outstanding stock option was cancelled and converted into the right to receive an amount in cash equal to the excess of (x) the Per Share Price, over (y) the exercise price per share of such stock option, subject to the terms set forth in the Merger Agreement.
Common shares reported cancelled 706,168 shares October 26, 2026; certain shares were represented by previously reported RSUs
Cash consideration per common share $7.40 per share Merger conversion term
Stock options reported cancelled 109,481 options October 26, 2026
Option exercise price $7.00 per share Exercise price used in the merger option conversion term
Direct common shares following transaction 0 shares Reported after the transaction
Direct stock options following transaction 0 options Reported after the transaction
Per Share Price financial
"amount in cash equal to the Per Share Price"
restricted stock units financial
"previously reported restricted stock units ("RSUs")"
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.
Effective Time technical
"At the Effective Time, each issued and outstanding stock option"
The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.
Surviving Corporation regulatory
"Reporting Person's continued service with the Surviving Corporation"
The surviving corporation is the company entity that continues to exist after a merger, consolidation, or similar reorganization; it absorbs the assets, liabilities, contracts, and business of the combining firms and remains on the legal books while the other entities cease to exist. For investors, it matters because ownership, shareholder rights, outstanding securities, and regulatory or listing obligations move into that single continuing company—think of it as the ship that all passengers board after two boats are joined together.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many WEAV shares did CFO Jason Paul Christiansen report as cancelled?

Jason Paul Christiansen, Weave Communications’ chief financial officer, reported 706,168 common shares cancelled on October 26, 2026, with each issued and outstanding common share converted into a right to receive $7.40 in cash. The related note says certain of these shares were represented by previously reported RSUs.

What happened to WEAV stock options in the merger?

The transaction reported cancellation of 109,481 stock options, converted into a right to receive cash equal to the excess of $7.40 over the $7.00 exercise price. Christiansen’s reported direct option holdings after the transaction were zero.

What conditions applied to cash payments for unvested WEAV RSUs?

Cash payments relating to unvested RSUs were subject to Jason Paul Christiansen’s continued service with the Surviving Corporation through the vesting dates that would otherwise have applied to the corresponding RSUs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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
X
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*
Christiansen Jason Paul

(Last)(First)(Middle)
C/O 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 Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/26/2026
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 Stock10/26/2026D706,168(1)D(2)0D
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
Stock Option (right to buy)$710/26/2026D109,481 (3)06/30/2031Common Stock109,481(2)0D
Explanation of Responses:
1. Certain of these shares are represented by previously reported restricted stock units ("RSUs"). At the effective time of the merger (the "Effective Time") each issued and outstanding RSU was cancelled and converted into the right to receive an amount equal to $7.40 in cash (the "Per Share Price"), subject to the terms set forth in the Merger Agreement (as defined below). Following the Effective Time, the cash payments relating to the unvested RSUs are subject to the Reporting Person's continued service with the Surviving Corporation (as defined in the Merger Agreement) through the applicable vesting dates that would have otherwise applied to the corresponding RSU.
2. Pursuant to an Agreement and Plan of Merger (the "Merger Agreement") among Willow Parent, LLC, Willow Merger Sub, Inc., and Weave Communications, Inc. (the "Company"), each issued and outstanding share of the Company's common stock was cancelled and converted into the right to receive an amount in cash equal to the Per Share Price.
3. At the Effective Time, each issued and outstanding stock option was cancelled and converted into the right to receive an amount in cash equal to the excess of (x) the Per Share Price, over (y) the exercise price per share of such stock option, subject to the terms set forth in the Merger Agreement.
Remarks:
/s/ Tyler Waltman, as Attorney-in-Fact10/28/2026
** 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)

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