Form 4: cbdMD, Inc. Director Acquires Restricted Stock Units

Director Jeffrey H. Porter acquired 1,572 restricted stock units of cbdMD, Inc. on May 16, 2025, as compensation for board service.

Summary

• Jeffrey H. Porter, a director of cbdMD, Inc., reported a transaction on May 16, 2025, where he acquired 1,572 restricted stock units (RSUs).
• These RSUs represent a contingent right to receive one share of cbdMD's common stock each.
• The grant was approved by the Issuer's Compensation, Corporate Governance and Nominating Committee.
• The RSUs vest quarterly on June 30, 2025, September 30, 2025, December 31, 2025, and March 31, 2026.
• Porter also indirectly owns 465,955 shares through Porter Partners L.P., 61,750 shares through Ben Joseph Partners, 41,275 shares through Jeff Porter IRA-Beneficiary, and 4,550 shares as Beneficiary of Trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of restricted stock units by a director is a common practice and generally viewed as a positive sign of alignment with shareholder interests.

Positives

• The acquisition of restricted stock units aligns the director's interests with those of the shareholders.
• The vesting schedule encourages continued service on the board.

Industry Context

This filing is a routine disclosure related to insider transactions, common for publicly traded companies. It provides transparency into the compensation and ownership structure of cbdMD, Inc.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the alignment of director and shareholder interests.

Key Dates

Keywords

restricted stock units, director, YCBD, cbdMD, Inc., Form 4, insider trading