Form 4: Yerbae Brands Corp. COO and CFO Karrie Lynn Gibson Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Karrie Lynn Gibson, COO and CFO of Yerbae Brands Corp., reports the acquisition and disposal of common stock and restricted share units (RSUs) on April 23, 2025.
Summary
- On April 23, 2025, Karrie Lynn Gibson, the COO and CFO of Yerbae Brands Corp., reported transactions involving the company's securities.
- Gibson acquired 186,666 common shares through the vesting of Restricted Share Units (RSUs).
- Simultaneously, Gibson disposed of 1,649,225 common shares.
- Following these transactions, Gibson directly owns 1,462,559 common shares and indirectly owns 5,987,396 common shares through a trust dated April 22, 2016.
- Gibson also indirectly owns 2,500,000 performance shares through the same trust.
- Additionally, Gibson holds options for 1,542,391 common shares and 186,666 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, with no inherent positive or negative sentiment. The transactions themselves could be interpreted in various ways depending on the investor's perspective.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It allows investors to monitor the actions of key executives and their potential impact on the stock's performance.
Stakeholder Impact
- Shareholders can use this information to understand the actions of a key executive and assess their confidence in the company's prospects.
- Employees may be interested in the stock transactions of company leadership.
- The filing provides transparency to creditors and suppliers regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date from which options with an exercise price of $1.16 begin to vest. |
| 02/13/2025 | Date from which options with an exercise price of $0.105 vest. |
| 04/01/2025 | Date from which RSUs vest. |
| 04/23/2025 | Date of the reported transaction involving the acquisition and disposal of shares and RSUs. |
| 04/24/2025 | Date of signature for the Form 4 filing. |
| 03/10/2030 | Expiration date for options with an exercise price of $1.16. |
| 02/12/2032 | Expiration date for options with an exercise price of $0.105. |
Keywords
Form 4, YERBF, Yerbae Brands Corp, Karrie Lynn Gibson, Securities, Beneficial Ownership, Insider Trading, COO, CFO, RSU, Options, Shares
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