Director Stuart C. Harvey Jr. filed a Form 4 with the SEC on October 28, 2026, reporting the disposition of 127,337 shares of common stock and 106,666 stock options in Weave Communications, Inc. at an effective merger price of $7.40 per share on October 26, 2026.

Key Highlights

  • Reporting person: Stuart C. Harvey Jr., a director of Weave Communications, Inc. (NYSE:WEAV)
  • Common stock disposed: 127,337 shares cancelled and converted into the right to receive $7.40 per share in cash per the Merger Agreement
  • Stock options disposed: 106,666 options with an exercise price of $4.3237, cancelled and converted into the right to receive the excess of $7.40 over the exercise price per share
  • Remaining beneficial ownership: 0 shares of common stock and 0 derivative securities following the transactions
  • Transaction date: October 26, 2026, the effective time of the merger
  • Merger parties: Willow Parent, LLC, Willow Merger Sub, Inc., and Weave Communications, Inc.

Harvey's Holdings Cancelled at Merger Close in Willow Transaction

According to the filing, director Stuart C. Harvey Jr. reported two separate dispositions of Weave Communications securities on October 26, 2026, which the filing identifies as "the Effective Time" of a merger. The merger was carried out pursuant to an Agreement and Plan of Merger among Willow Parent, LLC, Willow Merger Sub, Inc., and Weave Communications, Inc. At that effective time, the filing states, "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" of $7.40.

The 127,337 common shares disposed of by Harvey include shares represented by previously reported restricted stock units, including "fully vested deferred RSUs," according to the filing. The filing states that at 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," subject to the terms of the Merger Agreement.

Harvey also held 106,666 stock options with an exercise price of $4.3237 and an expiration date of July 19, 2030. The filing discloses that at the effective time, each outstanding stock option was cancelled and converted into the right to receive cash equal to "the excess of (x) the Per Share Price, over (y) the exercise price per share of such stock option," subject to the Merger Agreement. Following both reported transactions, Harvey's directly held beneficial ownership in Weave Communications common stock and derivative securities each stands at zero, according to the filing.

What Was Disclosed

The filing reports that director Stuart C. Harvey Jr. disposed of 127,337 shares of Weave Communications common stock and 106,666 stock options on October 26, 2026, at the effective time of a merger involving Willow Parent, LLC and Willow Merger Sub, Inc., at a per share price of $7.40 in cash.