Tyler Otis Waltman, General Counsel and Corporate Secretary of Weave Communications, Inc., filed a Form 4 on October 28, 2026, reporting the disposition of 150,000 shares of common stock on October 26, 2026, in connection with a completed merger.

Key Highlights

  • Reporting person: Tyler Otis Waltman, General Counsel and Corporate Secretary of Weave Communications, Inc. (WEAV)
  • Transaction date: October 26, 2026, with 150,000 shares of common stock disposed of (transaction code D)
  • Per Share Price: Each share was cancelled and converted into the right to receive $7.40 in cash, according to the filing
  • Post-transaction ownership: Waltman reported 0 shares of common stock beneficially owned following the transaction
  • Merger parties: The filing identifies the merger as among Willow Parent, LLC, Willow Merger Sub, Inc., and Weave Communications, Inc.
  • RSU treatment: According to the filing, unvested RSUs were cancelled and converted into the right to receive $7.40 per unit in cash, with payments subject to continued service through applicable vesting dates

Waltman's Shares Cancelled at $7.40 Per Share in Weave Merger Closing

According to the Form 4 filed with the SEC on October 28, 2026, Tyler Otis Waltman, serving as General Counsel and Corporate Secretary of Weave Communications, Inc. (WEAV), reported a disposition of 150,000 shares of common stock on October 26, 2026. The filing identifies the transaction as occurring at the effective time of a merger completed pursuant to an Agreement and Plan of Merger among Willow Parent, LLC, Willow Merger Sub, Inc., and Weave Communications, Inc.

The filing states that "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," which the filing sets at $7.40. Following the reported transaction, Waltman's directly held beneficial ownership of Weave common stock is listed as 0 shares.

The filing further discloses that certain of the 150,000 shares were represented by previously reported restricted stock units. At the effective time of the merger, each outstanding RSU was cancelled and converted into the right to receive $7.40 in cash. The filing notes that cash payments relating to unvested RSUs "are subject to the Reporting Person's continued service with the Surviving Corporation (as defined in the Merger Agreement) through the applicable vesting dates that would have otherwise applied to the corresponding RSU."

What Was Disclosed

The filing reports the cancellation and disposition of 150,000 shares of Weave Communications common stock held by General Counsel Tyler Otis Waltman at the $7.40 per share merger price, reducing his direct beneficial ownership to zero shares.