Weave CFO has 1,826 shares withheld for taxes
Weave Communications’ CFO had shares withheld to cover RSU-related taxes and now holds 714,929 common shares directly.
Rhea-AI Filing Summary
Weave Communications, Inc. (WEAV) reported that Chief Financial Officer Jason Paul Christiansen had 1,826 shares of common stock withheld on September 15, 2026 to pay tax obligations related to the settlement of vested restricted stock units, in an exempt transaction under Rule 16b-3(e). After this tax-withholding disposition, he directly holds 714,929 shares of common stock, which include 1,022 shares acquired through the company’s employee stock purchase plan on August 25, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 1,826 shares
Tax Withholding
1 txn
Insider
Christiansen Jason Paul
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 1,826 | $7.33 | $13K |
Holdings After Transaction:
Common Stock — 714,929 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Includes 1,022 shares acquired under the Issuer's employee stock purchase plan (the "ESPP") on August 25, 2026. The acquisition of these shares under the ESPP is exempt under rule 16b-3(c).
Key Figures
Shares withheld for taxes: 1,826 shares
Withholding price per share: $7.33 per share
Shares held after transaction: 714,929 shares
+1 more
4 metrics
Shares withheld for taxes
1,826 shares
Common stock withheld on September 15, 2026 to satisfy RSU-related tax obligations
Withholding price per share
$7.33 per share
Reported price for the 1,826 shares withheld for tax obligations
Shares held after transaction
714,929 shares
Direct common stock ownership by the CFO following the September 15, 2026 transaction
ESPP shares included in holdings
1,022 shares
Shares acquired under the employee stock purchase plan on August 25, 2026, included in post-transaction total
Key Terms
Rule 16b-3(e), restricted stock units, employee stock purchase plan, Rule 16b-3(c)
4 terms
Rule 16b-3(e) regulatory
"In an exempt transaction pursuant to Rule 16b-3(e), shares of the Issuer's Common Stock were withheld"
restricted stock units financial
"relating to the acquisition of shares ... in connection with the settlement of the vested portion of restricted stock units"
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.
employee stock purchase plan financial
"Includes 1,022 shares acquired under the Issuer's employee stock purchase plan (the "ESPP")"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3(c) regulatory
"The acquisition of these shares under the ESPP is exempt under rule 16b-3(c)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WEAV’s CFO report on this Form 4?
The CFO reported that 1,826 shares of Weave Communications common stock were withheld on September 15, 2026 to satisfy tax obligations arising from settlement of vested restricted stock units, treated as an exempt transaction under Rule 16b-3(e).
Was the WEAV Form 4 transaction a market sale or a tax withholding?
The Form 4 states the transaction was a tax-withholding disposition: shares were withheld by Weave Communications to satisfy tax obligations related to vested restricted stock units, not a market sale.
Was the WEAV insider transaction made under a Rule 10b5-1 trading plan?
The filing indicates no Rule 10b5-1 trading plan was affirmed for this transaction, and the tax-withholding disposition is reported instead as exempt under Rule 16b-3(e) and Rule 16b-3(c) for the ESPP acquisition.
AI-generated analysis. How Rhea-AI works. Not financial advice.