4/A: Charlotte's Web CEO Corrects Tax Withholding Error in Form 4 Filing

William Morachnick, CEO of Charlotte's Web Holdings, files an amended Form 4 to correct a minor error in the number of shares withheld for taxes.

Summary

• William J. Morachnick, CEO of Charlotte's Web Holdings, Inc., filed an amended Form 4 with the SEC.
• The amendment corrects an administrative error in the original Form 4 filed on March 31, 2025.
• The error involved the number of shares withheld for taxes, which was initially reported as 107,813 but should have been 107,815.
• The corrected filing shows that 2 common shares were disposed of at a price of $0.0912.
• Following the reported transaction, Morachnick beneficially owns 1,896,141 common shares directly.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, in their company's stock. This allows investors to monitor insider activity, which can sometimes provide insights into a company's prospects.

Key Dates

Keywords

Form 4, Charlotte's Web Holdings, Morachnick, SEC filing, Beneficial ownership, CWBHF, Amendment, Tax withholding