Weave Communications Unveils New Employment Inducement Awards with Restricted Stock Units for New Hires

Reuters
07-12
Weave Communications Unveils New Employment Inducement Awards with Restricted Stock Units for New Hires

LEHI, Utah - July 11, 2025 - Weave Communications, Inc. (NYSE: WEAV) has announced employment inducement awards in line with NYSE Rule 303A.08. On July 07, 2025, the company's Board of Directors' Compensation Committee granted restricted stock units for a total of 73,250 shares of Weave's common stock to 24 newly hired employees. These awards, part of Weave's 2022 Inducement Equity Incentive Plan, are designed to attract new talent and vest over three years. The vesting schedule begins with 33% after one year from the initial vesting date, with the remainder occurring in equal quarterly installments over the subsequent two years, contingent on continued service. Initial vesting dates are set for June 15, 2026, and July 15, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weave Communications Inc. published the original content used to generate this news brief on July 11, 2025, and is solely responsible for the information contained therein.

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