FRIST ROBERT A JR 4

What Happened

• Robert A. Frist Jr., reported as a 10% owner of HealthStream (HSTM), had restricted stock units (RSUs) vest on March 30, 2026. A total of 4,038 shares were issued upon vesting (reported as an exercise/conversion of a derivative, code M). To satisfy tax withholding, 984 of those shares were withheld at $21.25 per share (code F), representing $20,910 in tax withholding. Several RSU lots were converted/settled (356, 560, 857, and 2,265 shares) as part of the vesting/settlement reporting.

Key Details

• Transaction date: March 30, 2026.
• Reported activity: 4,038 shares acquired on RSU vesting (M); 984 shares withheld for taxes at $21.25/share for $20,910 (F); additional RSU conversions reported in separate lots (356, 560, 857, 2,265 shares) (all M).
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 = shares acquired on vesting; F2 = shares withheld to pay tax liability; F3–F8 = descriptions of RSU grant/vesting schedules.
• Filing timeliness: filing date equals report period date (March 30, 2026); no late filing indicated.

Context

• Codes explained: M = exercise/conversion of a derivative instrument (here, RSUs converting to shares); F = shares withheld to pay tax liability. This transaction reflects receipt/settlement of vested awards rather than an open-market purchase or sale; withheld shares to cover taxes are routine and do not necessarily indicate a change in conviction. As a reported 10% owner, Frist’s transactions are substantial in ownership terms but are award vesting events rather than discretionary buys or sales.