Form 4: Director Jared Stanley Reports Changes in Beneficial Ownership of Charlotte's Web Holdings

Sentiment:

SEC Form 4 Filing


Jared Stanley, a director of Charlotte's Web Holdings, reported transactions involving common shares and restricted stock units on April 1, 2025.

Summary

  • On April 1, 2025, Jared Stanley, a director of Charlotte's Web Holdings, Inc., reported changes in his beneficial ownership of the company's securities.
  • Stanley exercised 37,177 restricted stock units (RSUs) into common shares.
  • He also disposed of 12,664 common shares to cover tax obligations at a price of $0.089 per share.
  • Following these transactions, Stanley directly owns 177,772 common shares and 74,356 restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports transactions by a company director, which is a routine regulatory filing.

Industry Context

This filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings and transactions of company directors.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding insider activity.

Key Dates

DateDescription
04/01/2024Restricted stock unit was granted.
04/01/2025Date of transactions: exercise of RSUs and disposal of shares.
04/02/2025Date of signature on the Form 4 filing.

Keywords

beneficial ownership, Form 4, Charlotte's Web Holdings, Jared Stanley, restricted stock units, common shares, director, CWBHF

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