DENT THOMPSON 4

What Happened
Dent Thompson, a director of HealthStream, had 3,148 restricted stock units (RSUs convert/derivative code M) vest on June 8, 2026 and received 3,148 shares (exercise/conversion @ $0.00). On the same day he disposed of those shares in three blocks: 1,126, 1,006 and 1,016 shares (all reported at $0.00). The acquired and disposed amounts are equal, so there was no net increase in his share position from these transactions.

Key Details

• Transaction date: 2026-06-08; Form 4 filed 2026-06-09 (timely filing).
• Acquired: 3,148 shares via exercise/conversion of RSUs at $0.00 (footnote: shares acquired on vesting).
• Disposed: three blocks totaling 3,148 shares (1,126; 1,006; 1,016) at $0.00.
• Net effect: 0 net new shares (3,148 acquired and 3,148 disposed).
• Shares owned after transaction: not specified in this filing.
• Footnotes note these were RSUs (each RSU = one share) subject to multi-year vesting schedules; filing indicates vesting-related conversion.

Context

• The transaction code "M" denotes exercise or conversion of a derivative — here RSUs converting into common shares upon vesting.
• Same-day disposition of all vested shares is commonly used to satisfy tax-withholding or other obligations; the filing does not state the reason.
• This is an award/vesting event rather than an open-market buy or sell that signals a discretionary purchase or sale by the insider.