Weave Communications: Harvey disposes of 127,337 shares
Merger consideration was $7.40 per common share, while cancelled options were settled based on the difference from their $4.3237 exercise price.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Weave Communications, Inc. director Stuart C. Harvey Jr. reported the disposition of 127,337 common shares and cancellation of stock options covering 106,666 shares on October 26, 2026, in connection with the merger. Each issued and outstanding common share was cancelled for a right to receive $7.40 in cash; certain of the reported shares were represented by previously reported RSUs. The options were cancelled for cash equal to the excess of $7.40 over their $4.3237 exercise price. The reported resulting positions were 0 common shares and 0 options.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Option (right to buy) F2, F3 | 106,666 | -- | -- |
| Disposition | Common Stock F1, F2 | 127,337 | -- | -- |
Footnotes (3)
- F1. Certain of these shares are represented by previously reported restricted stock units ("RSUs"), including fully vested deferred 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).
- 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.
- 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.
Key Figures
Key Terms
restricted stock units financial
Effective Time regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What happened to Stuart C. Harvey Jr.'s WEAV stock options?
How were WEAV RSUs treated in the merger?
AI-generated analysis. How Rhea-AI works. Not financial advice.