REBROVICK LINDA 4

What Happened
Linda Rebrovick, a director of HealthStream, had 3,148 restricted share units (RSUs) vest on June 8, 2026 (reported June 9, 2026). The filing shows an award/acquisition of 3,148 shares at $0.00 and three conversion/disposition entries (1,126; 1,006; 1,016 shares) also at $0.00. The total disposed equals the total acquired (3,148), resulting in no net increase in shares beneficially owned from these transactions.

Key Details

• Transaction date: June 8, 2026; filing date: June 9, 2026 (appears timely).
• Reported prices: $0.00 per share for both the RSU vesting (A) and the conversions/dispositions (M). Total reported value = $0.
• Shares acquired on vesting: 3,148 RSUs (F1).
• Shares disposed via conversion/exercise: 1,126; 1,006; 1,016 (total 3,148), matching the vested amount.
• Shares owned after transaction: Not specified in the provided excerpt.
• Relevant footnotes: F2 defines each RSU as the contingent right to one share; F3, F5, F6 describe three-year vesting schedules for the underlying RSU grants with different annual vesting start dates. F4: Not applicable.

Context

• RSUs convert into common shares upon vesting (transaction code A for award; M for conversion/exercise). The equal amounts acquired and disposed suggest the vested shares were immediately converted and surrendered/withheld (commonly done to satisfy tax-withholding obligations), though the filing does not state the exact reason.
• This is routine insider reporting of equity compensation vesting and conversion rather than an open-market buy or sell that would signal a change in sentiment.