|4/AFeb 27, 7:57 PM ET

FRIST ROBERT A JR 4/A

Research Summary

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Updated

HealthStream (HSTM) 10% Owner Robert Frist Gifts 10,500 Shares

What Happened

  • Robert A. Frist Jr., reported as a 10% owner of HealthStream, recorded a gift of 10,500 shares of HSTM on December 12, 2023. The transaction is reported as a gift (code G) with a reported price of $0.00, so there were no sale proceeds recorded on the Form 4.
  • The filing submitted on February 27, 2026 is an amendment to the original Form 4 filed December 13, 2023; the amendment corrects an administrative error that had previously reported 8,500 shares transferred instead of the correct 10,500.

Key Details

  • Transaction date: 2023-12-12; Transaction type: Gift (G); Reported price: $0.00.
  • Corrected share count: 10,500 shares gifted (originally and incorrectly reported as 8,500).
  • Shares owned after transaction: Not specified in the provided excerpt; footnote indicates the filing reflects the amount of securities directly beneficially owned as of the date hereof (Footnote F2).
  • Filing status: This is an amended Form 4 filed 2026-02-27 to correct an administrative error in the prior filing.

Context

  • Gifts are transfers for which no cash proceeds are recorded and do not by themselves indicate the giver’s view of the company’s prospects.
  • As a 10% owner, Frist is a significant shareholder; such transfers can be for personal, estate‑planning, or philanthropic reasons rather than routine trading.