Alan Taylor - Dec 16, 2024 Form 4 Insider Report for Weave Communications, Inc. (WEAV)

Signature
/s/ Erin Goodsell, as Attorney-in-Fact
Stock symbol
WEAV
Transactions as of
Dec 16, 2024
Transactions value $
-$707,035
Form type
4
Date filed
12/18/2024, 07:04 PM
Previous filing
Dec 16, 2024
Next filing
Dec 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEAV Common Stock Sale -$707K -44.2K -12.79% $15.98 302K Dec 16, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale effected pursuant to a Rule 10b5-1 sales plan, adopted by the Reporting Person on June 7, 2024.
F2 Price is the volume weighted average selling price of all sales by the reporting person on the transaction date within a one dollar range. Actual prices ranged from $15.41 to $16.17. The reporting person hereby undertakes to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.