Jahangir Amir Alex 4

What Happened
Jahangir Amir Alex, a director of HealthStream, received a grant of 3,654 restricted stock units (RSUs) on May 28, 2026. The RSUs were awarded with a $0 acquisition price (coded as an award/derivative), so no cash was paid at grant. These RSUs represent contingent rights to receive common stock upon vesting rather than immediate share ownership.

Key Details

• Transaction date: May 28, 2026 (Form 4 filed June 1, 2026 — timely filing).
• Transaction type/code: Award/Grant (A), derivative RSUs.
• Shares/units granted: 3,654 RSUs; grant price reported as $0. Total immediate cash value at grant: $0 (value realized will depend on future stock price at vesting).
• Vesting: RSUs vest annually in three equal installments beginning May 28, 2027 (three-year schedule) (Footnotes F1–F2).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Tax/withholding: Footnote F3 indicates "Not applicable" (no additional withholding details reported).

Context
RSUs are long-term compensation that convert to shares only upon vesting, so this award does not reflect an immediate purchase or sale. Grants to directors are common and intended for retention; they do not by themselves indicate a personal buy or sell decision.