HealthStream (HSTM) EVP Trisha Coady Receives RSUs; 400 Shares Withheld

What Happened
Trisha Coady, Executive Vice President of HealthStream (HSTM), reported the vesting/conversion of restricted stock units (RSUs) on 2026-09-29. A total of 1,642 shares were reported as acquired on vesting. Of those, 400 shares were withheld to satisfy tax withholding obligations, valued at $29.10 per share for a tax withholding of $11,640. The filing shows several derivative-conversion entries (reported at $0) that reflect the RSU-to-share conversions rather than open-market sales.

Key Details

• Transaction date: 2026-09-29.
• Primary entries: 1,642 shares acquired on RSU vesting (code M, $0.00); 400 shares withheld for taxes (code F) at $29.10/share = $11,640.
• Additional M-coded entries (844, 410, 388 shares at $0.00) reflect RSU conversions/settlements reported in the filing (these sum to 1,642 and are reporting mechanics, not market sales).
• Footnotes: F1 = shares acquired on RSU vesting; F2 = shares withheld for tax liability; F3–F7 describe that each RSU equals one share and the grant vesting schedules.
• Shares owned after the transaction: not stated in the filing.
• Filing timeliness: filed same day (2026-09-29) — no late filing indicated.

Context

• These entries reflect RSU vesting/conversion (derivative exercise/settlement), not open-market buying or selling by the insider. The $0 per-share lines are typical when RSUs convert into shares rather than representing a cash transaction.
• The only cash-equivalent value reported is the tax withholding (400 shares × $29.10 = $11,640). The approximate gross value of the 1,642 vested shares at $29.10/share would be about $47.8K (estimate).
• RSU vesting is typically a routine compensation event and does not necessarily signal a change in insider sentiment.