Silverman David Richard sold WEAV
October 26, 2026 · Form 4 insider transaction
Silverman David Richard sold 125,106 shares of Weave Communications, Inc., a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Certain of these shares are represented by previously reported restricted stock units ("RSUs"). At the effective time of the merger (the "Effective Time"), each issued and outstanding RSU was cancelled and converted into the right to receive an amount equal to $7.40 in cash (the "Per Share Price"), subject to the terms set forth in the Merger Agreement (as defined below). The Reporting Person is a managing partner at Crosslink Capital, Inc. ("Crosslink") and a manager of Crosslink Capital Management, LLC ("CCM").; (continued from Footnote 1) The Reporting Person held these RSUs for the exclusive benefit of private investment funds for which Crosslink or CCM serves as the investment adviser. Accordingly, the Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest, if any, and the inclusion of the RSUs on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or any other purpose.; Pursuant to an Agreement and Plan of Merger (the "Merger Agreement") among Willow Parent, LLC, Willow Merger Sub, Inc., and Weave Communications, Inc. (the "Company"), each issued and outstanding share of the Company's common stock was cancelled and converted into the right to receive an amount in cash equal to the Per Share Price.