Form 4: Barfresh Food Group CEO Riccardo Delle Coste Reports Share Transfers and Option Holdings
SEC Form 4
Riccardo Delle Coste, CEO of Barfresh Food Group, reports a transfer of shares into his personal holding company and details his holdings of common stock and stock options.
Summary
- Riccardo Delle Coste, the CEO of Barfresh Food Group Inc. (BRFH), filed a Form 4 detailing changes in his beneficial ownership.
- The report indicates a transfer of 140,142 shares of common stock from Delle Coste to his personal holding company on April 24, 2024.
- Following the transaction, Delle Coste directly owns 6,591 shares and indirectly owns 6,782 shares through the Delle Coste Family Trust and 1,642,022 shares through RD Capital Holdings Pty Ltd.
- The filing also lists Delle Coste's holdings of various stock options with exercise prices ranging from $1.33 to $9.36 and expiration dates between 2024 and 2031.
- He also holds warrants exercisable at $3.51 expiring on March 30, 2025, for 75,029 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, so the sentiment is neutral.
Management Comments
- Represents the transfer of shares from Mr. Delle Coste into his personal holding company.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders and provides transparency into the ownership structure of Barfresh Food Group.
Stakeholder Impact
- The share transfer may have a minor impact on shareholders, but the overall effect is likely to be minimal as the CEO retains indirect control through his holding company.
Key Dates
| Date | Description |
|---|---|
| 04/27/2017 | Stock option exercisable date. |
| 05/27/2017 | Stock option exercisable date. |
| 11/25/2017 | Stock option exercisable date. |
| 04/27/2018 | Stock option exercisable date. |
| 09/15/2018 | Stock option exercisable date. |
| 07/26/2019 | Stock option exercisable date. |
| 05/20/2020 | Stock option exercisable date. |
| 03/31/2020 | Warrants exercisable date. |
| 04/25/2021 | Stock option exercisable date. |
| 04/27/2022 | Stock option exercisable date. |
| 04/27/2023 | Stock option exercisable date. |
| 11/25/2024 | Stock option expiration date. |
| 04/27/2024 | Date of transaction and stock option exercisable date. |
| 05/27/2024 | Stock option expiration date. |
| 07/26/2026 | Stock option expiration date. |
| 05/20/2027 | Stock option expiration date. |
| 04/25/2028 | Stock option expiration date. |
| 04/27/2029 | Stock option expiration date. |
| 04/27/2030 | Stock option expiration date. |
| 04/27/2031 | Stock option expiration date. |
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