Weave director gets 32,502 RSU equity grant
Scanlon George P reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Scanlon George P reported acquisition or exercise transactions in this Form 4 filing.
Weave Communications director George P. Scanlon received 32,502 restricted stock units as equity compensation. These RSUs give him the right to receive one share of common stock for each unit when they vest. The award vests in full on the earlier of June 10, 2027 or the first annual stockholder meeting after June 10, 2026.
Following this grant, Scanlon is reported as beneficially owning 153,681 shares of common stock. The grant was made at no cash cost per share and is described as exempt from short-swing profit rules under Section 16(b) in reliance on Rule 16b-3(d).
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,502 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents 32,502 restricted stock units (the "RSUs") granted to the Reporting Person as a director of the Issuer. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. The RSUs will vest in full on the earlier of (i) June 10, 2027 and (ii) the date of the first annual meeting of the Issuer's stockholders following June 10, 2026. Such grant is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in reliance on Rule 16b-3(d).
Key Figures
Key Terms
restricted stock units financial
Section 16(b) regulatory
Rule 16b-3(d) regulatory
annual meeting of the Issuer's stockholders financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Weave Communications (WEAV) director George P. Scanlon report on this Form 4?
When do George P. Scanlon’s Weave Communications (WEAV) RSUs vest?
Did George P. Scanlon pay a purchase price for the Weave Communications (WEAV) RSU grant?
How is the Weave Communications (WEAV) RSU grant treated under Section 16(b)?
AI-generated analysis. How Rhea-AI works. Not financial advice.