Director Tyler Newton filed a Form 4 with the SEC on October 28, 2026, reporting the disposition of all directly and indirectly held shares of Weave Communications, Inc. common stock on October 26, 2026, following a merger in which each share was converted to the right to receive $7.40 in cash.

Key Highlights

  • Merger price: Each issued and outstanding share of Weave Communications common stock was cancelled and converted into the right to receive $7.40 in cash, according to the filing.
  • Direct shares disposed: 60,272 shares held directly by Newton were disposed of on October 26, 2026, leaving a post-transaction balance of 0.
  • Tyler Newton Revocable Trust: 152,978 shares held indirectly through the Tyler Newton Revocable Trust were disposed of, resulting in a balance of 0.
  • Mia Newton Revocable Trust: 50,992 shares held indirectly through the Mia Newton Revocable Trust were disposed of, resulting in a balance of 0.
  • CIQP Fund: 64,405 shares held indirectly through the CIQP Fund were disposed of, resulting in a balance of 0.
  • RSUs included: The filing notes that certain shares were represented by previously reported RSUs, including fully vested deferred RSUs, which were cancelled and converted into the right to receive the $7.40 per share price.

Newton's Full Stake in Weave Communications Extinguished at Merger Close

According to the Form 4 filed on October 28, 2026, director Tyler Newton reported four separate dispositions of Weave Communications, Inc. (NASDAQ:WEAV) common stock, all dated October 26, 2026, each coded "D" for disposed. The dispositions occurred pursuant to an Agreement and Plan of Merger among Willow Parent, LLC, Willow Merger Sub, Inc., and Weave Communications, Inc. Under the merger agreement, each issued and outstanding share of the company's common stock was cancelled and converted into the right to receive $7.40 in cash, referred to in the filing as the "Per Share Price."

Newton's 60,272 directly held shares were disposed of, leaving a post-transaction balance of zero. Three additional blocks of shares were disposed of indirectly. The Tyler Newton Revocable Trust, of which Newton is the trustee and in which he, his wife, and members of his immediate family are beneficiaries, held 152,978 shares that were disposed of. The Mia Newton Revocable Trust, for which Newton's wife serves as trustee, held 50,992 shares that were also disposed of. The filing notes that Newton disclaims beneficial ownership of securities held by both trusts except to the extent of his pecuniary interest. A further 64,405 shares held by the CIQP Fund, in which Newton is described as a direct and/or indirect investor, were also disposed of at the same effective time.

The filing states that certain of the directly held shares were represented by previously reported restricted stock units, including fully vested deferred RSUs, which were cancelled at the effective time of the merger and converted into the right to receive the per share price. Following all reported transactions, Newton's beneficial ownership in Weave Communications common stock stood at zero across all ownership forms. The form was signed by Tyler Waltman as attorney-in-fact on October 28, 2026.

What Was Disclosed

Director Tyler Newton reported the disposition of 328,647 total shares of Weave Communications common stock across four ownership arrangements on October 26, 2026, all cancelled and converted into the right to receive $7.40 per share pursuant to a merger agreement with Willow Parent, LLC.