HealthStream COO J. Edward Pearson to retire end of Q2 2023; Michael Sousa gets expanded role and equity grants

HEALTHSTREAM INC

J. Edward Pearson, President & COO, to retire at end of Q2 2023; will continue as part-time Executive-in-Residence.
Michael Sousa named EVP, Enterprise Applications; base salary $375K through May 2024; eligible for annual cash bonus up to 40% of base.
Sousa receives 60,000 performance-based RSUs with vesting tied to annual Adjusted EBITDA targets through 2028.
Sousa eligible for time-based RSU grant of ~$150K in 2023, vesting over four years.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

J. Edward Pearson

President & Chief Operating Officer

HSTM · HEALTHSTREAM INC

Effective: 2023-06-30
Filed: February 23, 2023, 6:59 PM ET

On February 20, 2023, J. Edward Pearson, President & Chief Operating Officer of HealthStream, Inc. (the "Company"), provided notice to the Company that he will be retiring from his current role in these positions effective at the end of the second quarter of 2023.

Appointed

Michael J. Sousa

Executive Vice President, Enterprise Applications

HSTM · HEALTHSTREAM INC

Effective: 2023-02-20
Filed: February 23, 2023, 6:59 PM ET

Pursuant to the terms of this Agreement, effective February 20, 2023, Mr. Sousa will serve as the Executive Vice President, Enterprise Applications of the Company, with anticipated increases in responsibilities, and potential future changes in title, over the next five years.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

J. Edward Pearson departed as President & Chief Operating Officer at HEALTHSTREAM INC.

Action: retiring
Role: President & Chief Operating Officer

Exact text from the filing

On February 20, 2023, J. Edward Pearson, President & Chief Operating Officer of HealthStream, Inc. (the "Company"), provided notice to the Company that he will be retiring from his current role in these positions effective at the end of the second quarter of 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael J. Sousa was appointed as Executive Vice President, Enterprise Applications at HEALTHSTREAM INC.

Action: appointed
Role: Executive Vice President, Enterprise Applications

Exact text from the filing

Pursuant to the terms of this Agreement, effective February 20, 2023, Mr. Sousa will serve as the Executive Vice President, Enterprise Applications of the Company, with anticipated increases in responsibilities, and potential future changes in title, over the next five years.

View on SEC.gov

HEALTHSTREAM INC filing history →

Source: SEC EDGAR

accession 0001437749-23-004410

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