{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-030399","form_type":"8-K","ticker":"HSTM","cik":"0001095565","company_name":"HEALTHSTREAM INC","filed_at":"2026-09-15T13:27:36+00:00","discovered_at":"2026-09-15T13:28:52.405651+00:00","generated_at":"2026-09-15T13:29:04.715644+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"HealthStream closes $40M private placement with WJRJJ; CEO sells 144K shares","bullets":["Company issued 1,355,932 shares to WJRJJ Ventures at $29.50/share for ~$40M; closed Sept 14, 2026.","CEO Robert Frist sold 144,068 shares to WJRJJ for ~$4.25M; retains ~16.4% stake, remains largest shareholder.","Proceeds for general corporate purposes: investment in solutions, working capital, potential acquisitions.","Investor Willis Johnson (Copart founder) also owns 42% of Empath Nursing; HealthStream holds ~5% stake in Empath.","Registration rights granted for resale; shares issued under Section 4(a)(2) exemption."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-030399","json":"https://secwatch.observer/filing/0001437749-26-030399.json","markdown":"https://secwatch.observer/filing/0001437749-26-030399.md","text":"https://secwatch.observer/filing/0001437749-26-030399.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1095565/000143774926030399/0001437749-26-030399-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1095565/000143774926030399/hstm20260914_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-15T13:29:04.715644+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}