HealthStream (HSTM) EVP Kevin O'Hara Receives RSU Award

What Happened Kevin P. O'Hara, Executive Vice President of HealthStream, received three restricted stock unit (RSU) awards on September 18, 2026 totaling 23,093 RSUs (2,566; 15,395; and 5,132). Each was granted with an acquisition price of $0 (typical for RSUs), so the reported acquisition value is $0. These are derivative awards that represent the contingent right to receive common shares if and when the RSUs vest (see footnote F1).

Key Details

• Transaction date: September 18, 2026. Reported filing date: September 22, 2026 (filed within the 2-business-day Form 4 deadline).
• Grant details: three RSU grants totaling 23,093 RSUs; grant price $0 per unit; transaction code A = Award/Grant.
• Vesting: grants are subject to service and/or performance-based vesting. Filing footnotes describe multiple schedules:
  • A four‑year schedule with 15% vesting on 9/18/2027, 20% on 9/18/2028, 30% on 9/18/2029 and 35% on 9/18/2030 (F2).
  • A four-year schedule vesting annually in four equal installments beginning 9/18/2027 (F4).
  • Performance‑based RSUs vesting up to 25% on Feb 23 of 2028, 2029, 2030 and 2031 (performance measured annually; unvested amounts may be eligible in subsequent periods) (F5).
• Shares owned after transaction: not specified in this Form 4.
• Other footnotes: F1 defines RSUs as contingent rights to receive shares; F3 noted as not applicable.

Context RSU grants are a common form of executive compensation and do not involve an immediate cash purchase or sale—vesting is contingent on continued service and, for some awards, achievement of performance goals. Because these are awards (not open‑market purchases), they signal company compensation decisions rather than a direct insider market bet.