Bertilson Marcus 4
4 · Weave Communications, Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Weave (WEAV) COO Marcus Receives 300,000 RSU Award
What Happened
Bertilson Marcus, Chief Operating Officer of Weave Communications (WEAV), was granted 300,000 restricted stock units (RSUs) on 2026-03-26. The grant price is reported as $0.00 (an award rather than a purchase). The RSUs will vest over time: 33% on March 1, 2027, with the remainder vesting in equal quarterly installments over the following two years, subject to Marcus’s continued employment.
Key Details
- Transaction date: 2026-03-26 — Grant (Award) of 300,000 RSUs at $0.00.
- Vesting: 33% on 2027-03-01; remaining 67% in equal quarterly installments over the next two years.
- Shares owned after transaction: Not specified in this filing.
- Footnotes:
- F1 — The award represents time‑based RSUs with the vesting schedule above.
- F2 — Filing notes 2,500 shares were acquired under the company ESPP on 2026-02-25 (exempt under Rule 16b-3(c)).
- F3 — Administrative correction: prior reporting misstated shares withheld for taxes (reported 19,849 vs. actual 21,004 withheld on settlement of vested RSUs).
- Timeliness: Report filed on 2026-03-26 for a transaction dated 2026-03-26 (not reported late).
Context
RSU awards are time‑based grants that convert into shares only as they vest; they do not represent an immediate cash outlay by the insider. Tax withholding and administrative adjustments (as noted in F3) are common when RSUs vest. Awards are compensation-related and do not necessarily signal immediate insider buying or selling intent.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-03-26+300,000→ 756,343 total
Footnotes (3)
- [F1]Represents shares of Common Stock underlying a time-based restricted stock unit award ("RSU"). The RSU will vest as to 33% of the total number of shares on March 1, 2027, and the remainder in equal quarterly installments over the two years thereafter, until such time as the RSU is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.
- [F2]Includes 2,500 shares acquired under the Issuer's employee stock purchase plan (the "ESPP") on February 25, 2026. The acquisition of these shares under the ESPP is exempt under Rule 16b-3(c).
- [F3]Includes a correction of an administrative error as a result of which we reported 19,849 shares withheld when it was acutally 21,004 shares 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.