Director Ryan Dubin filed a Form 4 with the SEC on October 28, 2026, reporting the cancellation of 68,752 shares of Weave Communications, Inc. common stock on October 26, 2026, as a result of a merger transaction at a per-share price of $7.40 in cash.

Key Highlights

  • Reporting person: Ryan Dubin, director of Weave Communications, Inc. (NASDAQ:WEAV)
  • Transaction date: October 26, 2026, with 68,752 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
  • Resulting ownership: Following the transaction, Dubin's directly held beneficial ownership in common stock is reported as 0 shares
  • RSUs included: Certain of the disposed shares were represented by previously reported restricted stock units, which were also cancelled at the effective time of the merger and converted into the right to receive $7.40 per unit in cash
  • Merger parties: The merger agreement was among Willow Parent, LLC, Willow Merger Sub, Inc., and Weave Communications, Inc.

Weave Communications Merger Cancels Director Dubin's Shares at $7.40 Each

According to the Form 4 filed on October 28, 2026, Ryan Dubin, a director of Weave Communications, Inc. (NASDAQ:WEAV), reported a disposition of 68,752 shares of the company's common stock on October 26, 2026. The filing indicates this disposal occurred directly and resulted in Dubin holding zero shares of common stock in the company following the transaction.

The filing explains that the disposition was not a market sale. Rather, pursuant to an Agreement and Plan of Merger among Willow Parent, LLC, Willow Merger Sub, Inc., and Weave Communications, Inc., "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 defines as $7.40. The filing further notes that certain of Dubin's shares were represented by previously reported restricted stock units, which were also cancelled at the effective time of the merger and converted into the right to receive $7.40 in cash per unit, subject to the terms of the merger agreement.

The Form 4 was signed by Tyler Waltman as attorney-in-fact on behalf of Dubin and dated October 28, 2026. No derivative securities were reported in Table II of the filing.

What Was Disclosed

The filing reported the cancellation of 68,752 shares of Weave Communications common stock held directly by director Ryan Dubin on October 26, 2026, at $7.40 per share in connection with a merger involving Willow Parent, LLC and Willow Merger Sub, Inc., leaving Dubin with zero shares.