secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHSTREAM INC (HSTM)
CIK:        0001095565
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001437749-23-004410
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095565/000143774923004410/0001437749-23-004410-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095565/000143774923004410/hstm20230222_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-004410

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer