Form 4: cbdMD Director Stephen Scott G. Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Stephen Scott G. reports acquiring 1,572 shares of common stock and disposing of 2,840 shares.
Summary
- On May 16, 2025, Stephen Scott G., a director of cbdMD, Inc., reported acquiring 1,572 shares of common stock at $0 and disposing of 2,840 shares.
- Following these transactions, Stephen Scott G. beneficially owns 2,840 shares of common stock.
- The report also mentions restricted stock units that vest quarterly, starting June 30, 2025, and ending March 31, 2026.
- These restricted stock units were issued under the 2021 Equity Compensation Plan as compensation for services on the Board of Directors.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting neutral sentiment as it reports transactions without expressing opinions or forecasts.
Positives
- The grant of restricted stock units to a director aligns their interests with the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may provide shareholders with insights into the director's view of the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of stock acquisition and disposal. |
| 05/20/2025 | Date of signature on the report. |
| 06/30/2025 | First vesting date for restricted stock units. |
| 09/30/2025 | Second vesting date for restricted stock units. |
| 12/31/2025 | Third vesting date for restricted stock units. |
| 03/31/2026 | Final vesting date for restricted stock units. |
Keywords
Form 4, cbdMD, Director, Stephen Scott G., Stock Acquisition, Stock Disposal, Restricted Stock Units, Beneficial Ownership, Equity Compensation Plan
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