secwatch.observer — SEC 8-K summary
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Issuer:     Weave Communications, Inc. (WEAV)
CIK:        0001609151
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001609151-22-000031
Event type: leadership
Sentiment:  negative
Materiality: 0.70
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CEO Roy Banks stepping down effective Aug 15; Brett White named interim CEO
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- CEO Roy Banks resigns for personal reasons, effective Aug 15, 2022; transition until Sep 2 when he leaves board.
- Brett White, current board member since July 2020, appointed interim CEO starting Sep 2.
- Company accelerates vesting of 130,435 RSUs (25% of unvested March 2022 grant) for Banks.
- Search for permanent CEO underway; no successor named yet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609151/000160915122000031/0001609151-22-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609151/000160915122000031/weav-20220803.htm
  HTML page:      https://secwatch.observer/filing/0001609151-22-000031

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