TOMLIN DEBORA B 4
Research Summary
AI-generated summary
Weave (WEAV) Director Debora Tomlin Receives RSU Award
What Happened
Debora B. Tomlin, a director of Weave Communications, was granted 32,502 restricted stock units (RSUs) on June 10, 2026. The Form 4 reports an acquisition code "A" for 32,502 RSUs at a reported price of $0 (total $0 on the filing). These RSUs represent the right to receive one share of common stock per RSU upon vesting and are a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (appears timely).
- Transaction type/code: A (grant/award).
- Amount: 32,502 restricted stock units; reported price per unit: $0.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: RSUs vest in full on the earlier of (i) June 10, 2027 or (ii) the date of the first annual meeting of stockholders following June 10, 2026. Grant exempt from Section 16(b) under Rule 16b-3(d).
Context
RSUs are a common form of director compensation and convert into actual shares only upon vesting; this grant does not indicate an immediate purchase or sale. The Rule 16b-3(d) exemption noted in the filing means the award is treated as a permissible compensatory grant under Exchange Act rules and is not subject to short-swing profit recovery.