During his time at Weave Communications, Roy Banks held a significant number of shares, peaking at around 691,521 shares, representing approximately 1.1% of the total stock. His wealth fluctuated as the company navigated the market. In early 2022, this stake...
During his time at Weave Communications, Roy Banks held a significant number of shares, peaking at around 691,521 shares, representing approximately 1.1% of the total stock. His wealth fluctuated as the company navigated the market. In early 2022, this stake was part of his overall compensation as CEO when he reported $388,500, highlighting a significant decrease from previous years when bonuses were included. Notably, he had an accelerated vesting of his restricted stock units upon his resignation, reflecting the volatile nature of executive equity holdings in reaction to company performance and market conditions.