Form 4: Medicine Man Technologies Director Kathy Vrabeck Receives Stock Grant for Board Service

Kathy Vrabeck, a director at Medicine Man Technologies, received 32,012 shares of common stock as compensation for her service on the board.

Summary

• Kathy Vrabeck, a director of Medicine Man Technologies, Inc. (SHWZ), reported a transaction on March 29, 2024, where she acquired 32,012 shares of common stock.
• These shares were granted as compensation for her service on the board of directors.
• The shares were valued at $26,250, based on the closing price of the common stock on the OTCQX Best Market on March 28, 2024.
• Following the transaction, Vrabeck directly owns 59,958 shares of Medicine Man Technologies.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (stock grant to a director), which is generally neutral to slightly positive as it aligns director interests with shareholders.

Positives

• The stock grant aligns the director's interests with those of the shareholders.

Industry Context

Stock grants to board members are a common practice in publicly traded companies to incentivize and compensate them for their service.

Stakeholder Impact

• The stock grant could have a minor dilutive effect on existing shareholders.

Key Dates

Keywords

Form 4, beneficial ownership, director, stock grant, Medicine Man Technologies, SHWZ, Kathy Vrabeck