McQuigg Michael Scott 4
4 · HEALTHSTREAM INC · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
HealthStream (HSTM) SVP Michael McQuigg Receives RSU Award
What Happened
Michael McQuigg, Senior Vice President of HealthStream (HSTM), was granted 2,911 restricted stock units (RSUs) on March 18, 2026. The award is reported at $0.00 per unit (no immediate cash outlay or proceeds). This is a grant/award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-03-18; reported on Form 4 filed 2026-03-24.
- Grant: 2,911 RSUs; reported price $0.00 (derivative award, no immediate cash value).
- Shares owned after the transaction: not disclosed in this filing.
- Footnotes:
- Each RSU represents the contingent right to receive one share upon vesting.
- Vesting schedule: 15% on 3/18/2027, 20% on 3/18/2028, 30% on 3/18/2029, 35% on 3/18/2030 (vesting contingent on continued service).
- Footnote 3: Not applicable.
- Timing: The grant occurred 2026-03-18 and the Form 4 was filed 2026-03-24 (several days after the grant).
Context
RSUs are a form of deferred compensation: they convert into ordinary shares only if and when they vest, so this grant does not represent an immediate purchase or sale. Grants to executives are common and typically intended for retention; they do not necessarily signal a short-term view on the stock. Retail investors should note the multi-year vesting schedule before treating this as an immediate increase in insider-held shares.
Insider Transaction Report
- Award
Restricted Share Units
[F1][F2][F3]2026-03-18+2,911→ 2,911 total→ Common Stock (2,911 underlying)
- 30,954
Common Stock Holding
Footnotes (3)
- [F1]Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit.
- [F2]The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 18, 2027, 20% vest on March 18, 2028, 30% vest on March 18, 2029, and the remaining 35% vest on March 18, 2030.
- [F3]Not applicable.