EDGAR·FLOW

HEALTHSTREAM INC — Form 8-K

Filed September 15, 2026 · analyzed by the 8-K Agent
8-K ▲ Likely positive significance 42/100
What the filing says
HealthStream issued 1,355,932 shares at $29.50/share (~$40M) to WJRJJ Ventures, LLC (Willis Johnson). Simultaneously, founder/CEO Robert A. Frist, Jr. sold 144,068 shares directly to WJRJJ for ~$4.25M at the same price. WJRJJ secured registration rights. Frist remains largest shareholder with ~16.4% post-transaction. Johnson is Copart founder; HealthStream has ~5% stake in Johnson-backed Empath Nursing.
Why this rating

Material capital raise (~6.7% of $654.7M market cap) plus validation from strategic investor; moderate importance given company size, though demonstrates confidence in business and strengthens balance sheet.

View original filing on SEC.gov ↗ HSTM · stock on Yahoo Finance ↗

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