HealthStream Inc. announced that CEO Robert A. Frist, Jr. has contributed approximately $3.5 million of his personally owned HealthStream common stock for the benefit of over 700 employees who have worked at the company for at least three years. A total of 146,286 shares will be distributed to these employees with the number of shares each employee receives increasing proportionally with years of service. Executives, vice presidents, and associate vice presidents are excluded from this distribution. The grant is effective immediately and will result in a compensation expense of approximately $3.5 million and an additional $275,000 for administrative expenses and employer payroll taxes, all to be recorded in the fourth quarter of 2025. This transaction is expected to decrease operating income by $3.8 million, net income by $3.0 million, and earnings per share by $0.10 for the quarter.