Form 4: Charlotte's Web CFO Erika Lind Reports Stock Transactions
SEC Form 4 Filing
Erika Lind, CFO of Charlotte's Web Holdings, reports the vesting and disposal of restricted stock units and common shares on April 1, 2025.
Summary
- On April 1, 2025, Erika Lind, the Chief Financial Officer of Charlotte's Web Holdings, Inc., reported transactions involving the company's stock.
- Lind acquired 26,562 common shares upon the vesting of restricted stock units.
- She then disposed of 9,045 common shares to cover tax obligations at a price of $0.089 per share.
- Following these transactions, Lind directly owns 25,178 common shares.
- Additionally, Lind was granted 135,098 restricted stock units that vest in three equal annual installments beginning on April 1, 2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership of common shares.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Grant date of a restricted stock unit agreement that vests in 3 equal annual installments beginning on the first anniversary of the grant date. |
| 04/01/2025 | Date of the reported transactions: vesting of restricted stock units, disposal of common shares, and grant date of new restricted stock units. |
| 04/02/2025 | Date of signature for the Form 4 filing. |
| 04/01/2026 | First vesting date for the 135,098 restricted stock units granted on April 1, 2025. |
Keywords
Charlotte's Web Holdings, Erika Lind, CFO, Form 4, Stock Transactions, Restricted Stock Units, Common Shares, Beneficial Ownership
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