STOCK TITAN

Weave (WEAV) Insider Sale: 13,836 Shares Sold to Cover RSU Taxes

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

Rhea-AI Filing Summary

Bertilson Marcus, Chief Operating Officer and Director of Weave Communications (WEAV), sold 13,836 shares of common stock on 09/16/2025 at $7.73 per share to cover taxes related to the release and settlement of restricted stock units. After the transaction, the reporting person beneficially owned 338,592 shares, which includes 335 shares acquired through the companys employee stock purchase plan on 08/15/2025 (an acquisition exempt under Rule 16b-3(c)). The Form 4 was submitted together by one reporting person and signed on behalf of the reporting person by an attorney-in-fact on 09/18/2025.

Positive

  • Reporting person retains significant ownership: 338,592 shares remain beneficially owned after the transaction, demonstrating continued alignment with shareholders.
  • ESPP participation: 335 shares were acquired under the employee stock purchase plan on 08/15/2025, exempt under Rule 16b-3(c).

Negative

  • None.

Insights

TL;DR: Routine tax-related sale of RSUs by a named executive; continuing meaningful ownership retained.

The filing shows a common, nondiscretionary disposition: 13,836 shares were sold to satisfy tax obligations on RSU settlement. Such transactions are typically administrative and do not necessarily signal a change in company outlook or executive confidence. The reporting person retains 338,592 shares, indicating ongoing alignment with shareholder interests. The inclusion of 335 ESPP shares acquired 08/15/2025 is noted as exempt under Rule 16b-3(c).

TL;DR: Insider sold a small portion of holdings for tax purposes; transaction appears non-material to ownership stake.

The disposition of 13,836 shares at $7.73 per share was explicitly for tax withholding upon RSU release and is recorded as a sale (code S). With 338,592 shares held after the sale, the insiders retained position remains substantive. No derivative transactions or additional dispositions are reported. This Form 4 contains clear, specific transactional data without indications of broader strategic moves.

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*
Bertilson Marcus

(Last) (First) (Middle)
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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating 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) 13,836 D $7.73 338,592(2) 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.
2. Includes 335 shares acquired under the Issuer's employee stock purchase plan (the "ESPP") on August 15, 2025. The acquisition of these shares under the ESPP is exempt under Rule 16b-3(c).
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 Bertilson Marcus do on 09/16/2025?

He sold 13,836 shares of Weave Communications common stock at $7.73 per share to cover taxes due upon the release and settlement of restricted stock units.

How many Weave shares does the reporting person own after the sale?

338,592 shares are beneficially owned following the reported transaction.

Were any shares acquired under an ESPP by the reporting person?

Yes: 335 shares were acquired under the Issuer's employee stock purchase plan on 08/15/2025; that acquisition is noted as exempt under Rule 16b-3(c).

When was the Form 4 filed and who signed it?

The Form 4 was dated 09/18/2025 and signed on behalf of the reporting person by Erin Goodsell, as attorney-in-fact.

Does the filing report any derivative transactions?

No derivative securities (options, warrants, convertible securities) are reported in Table II of this Form 4.
Weave Communications Inc

NYSE:WEAV

WEAV Rankings

WEAV Latest News

WEAV Latest SEC Filings

WEAV Stock Data

540.72M
69.39M
4.51%
87.9%
5.22%
Health Information Services
Services-prepackaged Software
Link
United States
LEHI