Director George P. Scanlon of Weave Communications, Inc. filed a statement of changes in beneficial ownership on October 28, 2026, reporting the disposition of 153,681 shares of common stock on October 26, 2026, in connection with a completed merger transaction.

Key Highlights

  • Reporting person: George P. Scanlon, listed as a Director of Weave Communications, Inc. (NYSE:WEAV).
  • Shares disposed: 153,681 shares of common stock were disposed of (transaction code D) on October 26, 2026.
  • Per share price: Each share was cancelled and converted into the right to receive $7.40 in cash, described in the filing as the "Per Share Price."
  • Resulting ownership: Following the transaction, Scanlon held 0 shares of Weave Communications common stock directly.
  • RSUs included: Certain of the disposed shares were represented by previously reported restricted stock units, which were cancelled and also converted into the right to receive the $7.40 Per Share Price.
  • Merger parties: The merger agreement was among Willow Parent, LLC, Willow Merger Sub, Inc., and Weave Communications, Inc.

Weave Communications Merger Triggers Full Share Cancellation for Director Scanlon

According to the filing, Weave Communications, Inc. - a company whose common stock traded on the NYSE under the ticker WEAV - completed a merger pursuant to an Agreement and Plan of Merger among Willow Parent, LLC, Willow Merger Sub, Inc., and Weave Communications, Inc. At the effective time of the merger, each issued and outstanding share of the company's common stock was cancelled and converted into the right to receive $7.40 in cash per share, as described in the Merger Agreement.

The filing discloses that Director George P. Scanlon disposed of 153,681 shares on October 26, 2026, as a direct result of the merger's effective time. Some of those shares were represented by previously reported restricted stock units. According to the filing, at the effective time of the merger, each outstanding RSU "was cancelled and converted into the right to receive an amount equal to $7.40 in cash," subject to the terms set forth in the Merger Agreement. Following this transaction, Scanlon's directly held beneficial ownership of Weave Communications common stock stands at 0 shares, as reported in Table I of the filing.

No derivative securities were reported in Table II of the filing. The statement was signed by Tyler Waltman as Attorney-in-Fact on October 28, 2026, the same date the filing was submitted. No Rule 10b5-1 plan box was checked in connection with this transaction, and the filing does not indicate any amendment to a prior filing.

What Was Disclosed

Director George P. Scanlon reported the cancellation and disposition of 153,681 shares of Weave Communications common stock, including certain RSU-related shares, at $7.40 per share as of October 26, 2026, reducing his direct beneficial ownership to zero following the merger's effective time.