Bertilson Marcus 4

What Happened
Bertilson Marcus, Chief Operating Officer of Weave Communications (WEAV), was granted 300,000 restricted stock units (RSUs) on 2026-03-26. The grant price is reported as $0.00 (an award rather than a purchase). The RSUs will vest over time: 33% on March 1, 2027, with the remainder vesting in equal quarterly installments over the following two years, subject to Marcus’s continued employment.

Key Details

• Transaction date: 2026-03-26 — Grant (Award) of 300,000 RSUs at $0.00.
• Vesting: 33% on 2027-03-01; remaining 67% in equal quarterly installments over the next two years.
• Shares owned after transaction: Not specified in this filing.
• Footnotes:
  • F1 — The award represents time‑based RSUs with the vesting schedule above.
  • F2 — Filing notes 2,500 shares were acquired under the company ESPP on 2026-02-25 (exempt under Rule 16b-3(c)).
  • F3 — Administrative correction: prior reporting misstated shares withheld for taxes (reported 19,849 vs. actual 21,004 withheld on settlement of vested RSUs).
• Timeliness: Report filed on 2026-03-26 for a transaction dated 2026-03-26 (not reported late).

Context
RSU awards are time‑based grants that convert into shares only as they vest; they do not represent an immediate cash outlay by the insider. Tax withholding and administrative adjustments (as noted in F3) are common when RSUs vest. Awards are compensation-related and do not necessarily signal immediate insider buying or selling intent.