Management ChangeMay 8, 2026, 05:22 PM
HealthStream promotes Michael Collier to COO; grants equity
AI Summary
HealthStream, Inc. announced the promotion of Michael M. Collier to Chief Operating Officer and Executive Vice President. In his new role, Mr. Collier will oversee enterprise operations, including customer experience, M&A, and will lead the company's AI transformation. In connection with his promotion, Mr. Collier received stock options for 18,781 shares at an exercise price of $23.96, an increased base salary, and eligibility for cash bonuses and RSUs. CEO Robert A. Frist, Jr. also received a grant of 18,781 stock options with the same exercise price and vesting schedule.
Key Highlights
- Michael M. Collier promoted to Chief Operating Officer and Executive Vice President.
- Collier will lead enterprise operations and serve as executive sponsor for the company's AI transformation.
- Collier granted stock options for 18,781 shares at an exercise price of $23.96.
- Collier's options vest over five years: 15% on year 1, 20% on years 2-4, and 25% on year 5.
- Collier's compensation includes an increased annual base salary and eligibility for cash bonuses and RSUs.
- CEO Robert A. Frist, Jr. granted stock options for 18,781 shares at an exercise price of $23.96.
- Frist's options vest over five years with the same schedule as Collier's.
Price Impact
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