Director at Weave (NASDAQ: WEAV) awarded 68,752 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dubin Ryan reported acquisition or exercise transactions in this Form 4 filing.
Weave Communications director Ryan Dubin received an equity award of 68,752 shares of Common Stock in the form of time-based restricted stock units. The RSUs will vest in equal annual installments over three years beginning on March 30, 2027, subject to his continuous service through each vesting date.
The award was granted at no cash price per share and results in Dubin holding 68,752 shares directly following the reported transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dubin Ryan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 68,752 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 68,752 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 68,752 shares
Post-transaction holdings: 68,752 shares
Transaction price per share: $0.0000 per share
+2 more
5 metrics
RSU grant size
68,752 shares
Time-based restricted stock unit award to director
Post-transaction holdings
68,752 shares
Total Common Stock held directly after grant
Transaction price per share
$0.0000 per share
Equity compensation grant, no cash paid
Vesting start date
March 30, 2027
First vesting date for RSU installments
Vesting schedule length
3 years
Equal annual installments, time-based vesting
Key Terms
restricted stock unit, time-based, vesting, continuous service, +1 more
5 terms
restricted stock unit financial
"Represents shares of Common Stock underlying a time-based restricted stock unit award ("RSU")."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
time-based financial
"Represents shares of Common Stock underlying a time-based restricted stock unit award"
vesting financial
"The RSU will vest in equal annual installments over three years"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continuous service financial
"subject to the continuous service of the Reporting Person through each vesting date."
transaction code "A" financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Weave Communications (WEAV) director Ryan Dubin report on this Form 4?
Ryan Dubin reported receiving an award of 68,752 shares of Weave Communications Common Stock as time-based restricted stock units. These are compensation-related equity awards, not open-market purchases, and were granted at no cash price per share.
How do Ryan Dubin’s Weave Communications (WEAV) RSUs vest?
The 68,752 restricted stock units vest in equal annual installments over three years, starting on March 30, 2027. Each yearly tranche requires Dubin to remain in continuous service through the relevant vesting date to receive the underlying shares.