Weave Communications CRO Sells $138,250 in Shares

Insider selling represents 4.71% decrease in executive's ownership stake

Published on Mar. 9, 2026

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Weave Communications, Inc. (NYSE:WEAV) Chief Revenue Officer Joseph David Mcneil sold 25,000 shares of the company's stock on March 6th, 2026 at an average price of $5.53 per share, for a total transaction value of $138,250. Following the sale, Mcneil still owns 505,721 shares in the company, valued at approximately $2,796,637.

Why it matters

Insider selling transactions can provide insight into an executive's confidence in the company's future performance and stock price. This sale represents a 4.71% decrease in Mcneil's ownership stake, which may signal a belief that the stock is overvalued at current levels.

The details

Mcneil's sale of 25,000 Weave Communications shares was disclosed in a filing with the SEC. The shares were sold at an average price of $5.53, resulting in total proceeds of $138,250. After the sale, Mcneil continues to hold 505,721 shares in the company, worth approximately $2.8 million based on the current stock price.

  • The share sale transaction occurred on Friday, March 6th, 2026.

The players

Joseph David Mcneil

Chief Revenue Officer of Weave Communications, Inc.

Weave Communications, Inc.

A technology company that provides integrated communications and customer management solutions for small- to medium-sized businesses, headquartered in Lehi, Utah.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

This insider selling transaction suggests Weave Communications' CRO may have concerns about the company's near-term stock performance, though the executive still maintains a sizable ownership stake. Investors will likely continue to monitor Weave's financial results and any further insider trading activity.