secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHSTREAM INC (HSTM)
CIK:        0001095565
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001437749-26-008226
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthStream authorizes $10M share repurchase program and amends credit facility for increased flexibility
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- Board authorized repurchase of up to $10M of common stock; program expires Sept 12, 2026.
- Repurchases may be made in open market, via Rule 10b5-1 plans, or privately negotiated transactions.
- Amendment to credit agreement permits additional restricted payments up to $50M subject to pro forma leverage ≤1.50x.
- Prior aggregate restricted payment limit of $50M is removed; new flexibility for dividends and buybacks.
- Company is not obligated to repurchase and may suspend or discontinue program at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095565/000143774926008226/0001437749-26-008226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095565/000143774926008226/hstm20260312_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-008226

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