Jahangir Amir Alex 4

What Happened
Jahangir Amir Alex, a director of HealthStream, reported the vesting/conversion of restricted stock units (reported as derivative transactions, code M) on June 8, 2026. The filing shows 3,148 shares acquired at $0.00 upon vesting and three disposition entries of 1,126, 1,006 and 1,016 shares (total 3,148) also reported at $0.00. These entries reflect RSU vesting and conversion to common stock rather than an open-market purchase or sale for cash.

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-09 (appears timely).
• Acquired: 3,148 shares @ $0.00 (conversion on RSU vesting).
• Disposed: 1,126; 1,006; and 1,016 shares @ $0.00 (total disposed = 3,148).
• Shares owned after transaction: Not reported in the provided filing.
• Footnotes: F1–F6 indicate these shares resulted from RSUs (one RSU = one share) and describe three‑year vesting schedules with differing grant start dates (annual vesting in three equal installments beginning June 6, 2024; May 30, 2025; and May 29, 2026). F4 listed as “Not applicable.”
• Transaction code M denotes exercise/conversion of a derivative security (here, RSU vesting). The filing does not show cash proceeds or an open-market sale price.

Context
This filing documents routine equity award vesting and conversion of RSUs into shares. The reported $0.00 amounts and simultaneous acquisition/disposition entries indicate the activity is vesting/settlement-related rather than an open-market buy or sale; the filing does not provide additional detail (e.g., tax withholding or sale proceeds). For investors, this is administrative award vesting by an insider, not a directional market trade.