Cunningham Jeff 4
4 · HEALTHSTREAM INC · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
HealthStream CTO Jeff Cunningham Receives 2,911 RSU Award
What Happened Jeff Cunningham, Chief Technology Officer of HealthStream, Inc. (HSTM), was granted 2,911 restricted stock units (RSUs) on March 18, 2026. The award is reported as an acquisition-type (A) derivative at $0.00 per unit (no cash paid). These RSUs are a compensation award that represent the contingent right to receive one share per RSU upon vesting.
Key Details
- Transaction date: 2026-03-18 (reported on Form 4 filed 2026-03-24).
- Grant: 2,911 RSUs; reported price $0.00 (derivative award).
- Vesting schedule (per filing): 15% vest on 3/18/2027; 20% on 3/18/2028; 30% on 3/18/2029; 35% on 3/18/2030.
- Each RSU converts to one share upon vesting (footnote).
- Shares owned after the transaction: not specified in the filing.
- Filing timeliness: Form 4 was filed six days after the transaction date and appears later than the typical two-business-day reporting requirement (no reason for delay provided).
Context RSUs are a common form of executive compensation and do not represent immediate share ownership or a market purchase — the recipient only receives shares if and when units vest. Such grants are routine and tied to continued service; they should be interpreted as compensation rather than a direct bullish or bearish trading signal. Retail investors may watch the vesting dates and subsequent Form 4s for any future sales or actual issuance of shares.
Insider Transaction Report
- Award
Restricted Share Units
[F1][F2][F3]2026-03-18+2,911→ 2,911 total→ Common Stock (2,911 underlying)
- 33,276
Common Stock Holding
Footnotes (3)
- [F1]Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit.
- [F2]The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 18, 2027, 20% vest on March 18, 2028, 30% vest on March 18, 2029, and the remaining 35% vest on March 18, 2030.
- [F3]Not applicable.