WHITE BRETT T 4
4 · Weave Communications, Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Weave (WEAV) CEO Brett White Sells 34,793 Shares (Tax Withholding)
What Happened Brett T. White, CEO of Weave Communications (WEAV), had 34,793 shares of the company's common stock withheld by the issuer on June 15, 2026 to satisfy tax obligations tied to the settlement of vested restricted stock units (RSUs). The withholding was recorded at $5.44 per share, for a total value of approximately $189,274. This was a tax-withholding disposal (code F), not an open-market sale.
Key Details
- Transaction date and price: June 15, 2026 — 34,793 shares withheld at $5.44 per share (total ~$189,274).
- Transaction type: F — shares withheld by the issuer to cover tax obligations related to vested RSUs (cashless withholding).
- Footnote: F1 — "In an exempt transaction pursuant to Rule 16b-3(e), shares... were withheld by the Issuer to satisfy tax obligations relating to the acquisition of shares... in connection with the settlement of the vested portion of restricted stock units."
- Filing date: Form 4 filed June 17, 2026; this timing is consistent with typical Form 4 reporting requirements.
- Shares owned after transaction: Not specified in the provided filing details.
Context This was a routine tax-withholding event tied to vested RSUs, where the company retains shares rather than the insider selling them on the open market. Such withholdings are administrative and do not necessarily signal the insider's view of the company's stock; purchases tend to be more indicative of bullish insider sentiment. Transaction code reference: F = Tax withholding (disposition of shares to cover taxes).
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-06-15$5.44/sh−34,793$189,274→ 2,919,949 total
Footnotes (1)
- [F1]In an exempt transaction pursuant to Rule 16b-3(e), shares of the Issuer's Common Stock were withheld by the Issuer to satisfy tax obligations relating to the acquisition of shares of the Issuer's Common Stock in connection with the settlement of the vested portion of restricted stock units.