Weave (WEAV) COO Bertilson Marcus Sells 8,762 Shares

What Happened Bertilson Marcus, Chief Operating Officer of Weave Communications (WEAV), had 8,762 shares withheld on September 15, 2026 to satisfy tax obligations arising from the settlement of vested restricted stock units. The shares were valued at $7.33 each, for a total value of approximately $64,225. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-09-15 — 8,762 shares at $7.33 each; total ≈ $64,225.
• Transaction type/code: Payment of tax liability via share withholding (Code F); exempt under Rule 16b-3(e) per footnote F1.
• Shares owned after transaction: Not specified in the filing.
• Additional footnote: Filing notes 1,022 shares acquired under the ESPP on 2026-08-25, exempt under Rule 16b-3(c) (footnote F2).
• Filing timeliness: Report filed 2026-09-16 for the 2026-09-15 transaction (timely).

Context This was a routine tax-withholding event tied to RSU vesting (a common “cashless” method where the company withholds shares to cover taxes). Such withholding transactions are administrative and do not necessarily indicate the insider’s view on the company’s prospects. Purchases or open-market sales typically carry more informational weight for investors. Transaction code reference: F = tax withholding/ payment of exercise price or tax liability.