Research Reports

Key takeaways

Michael M. Collier promoted from EVP, Corporate Strategy, Development & Operations to COO and EVP.

Collier to lead enterprise operations including customer experience, corporate development, M&A, legal, HR, and AI transformation.

Company granted Collier 18,781 stock options at $23.96 per share under 2022 Omnibus Incentive Plan.

Options vest 15% year 1, 20% years 2-4, 25% year 5, subject to continued service.

Identical grant of 18,781 stock options at $23.96 to CEO Robert A. Frist, Jr. with same vesting schedule.

Collier's promotion includes increased base salary, annual cash bonus eligibility, and time-based RSU awards.

Full analysis

HealthStream promoted internal executive Michael M. Collier to COO and EVP, expanding his oversight to key functions like operations, M&A, legal, HR, and AI initiatives, signaling strengthened leadership for growth and technology transformation. The Compensation Committee approved identical stock option grants of 18,781 shares at the May 8, 2026 closing price of $23.96 to both Collier and CEO Frist, with extended five-year vesting to align incentives with long-term performance. Collier's package also features a base salary increase and eligibility for cash bonuses and RSUs, standard for the EVP level. No related-party arrangements or conflicts were disclosed, underscoring a merit-based promotion.

HSTM · HealthStream, Inc.

Summary

Key takeaways

Full analysis