DENT THOMPSON 4

What Happened Dent Thompson, a director of HealthStream, received a grant of 3,654 restricted stock units (RSUs) on May 28, 2026. The Form 4 reports the units at $0.00 per unit (derivative award), so no cash changed hands in this transaction. This is an award of equity compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: May 28, 2026; filing date: June 1, 2026 (filed timely).
• Transaction type: A (Award/Grant of derivative securities — RSUs).
• Quantity and price: 3,654 RSUs @ $0.00 (total reported cash value $0 on the Form 4).
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 — each RSU represents the contingent right to one share upon vesting; F2 — RSUs vest annually in three equal installments starting May 28, 2027, contingent on continued service; F3 — not applicable.

Context RSU grants are deferred equity awards and do not represent immediately tradable shares until they vest. Because these RSUs vest over three years, the award does not signal an immediate market purchase or sale by the director. This filing documents compensation-related equity granted to a director, a routine corporate governance practice.