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