Form 4: Yerbae Brands Corp. Director, Marufur Syed Raza, Reports Acquisition of Restricted Share Units

Director Marufur Syed Raza reports acquiring 325,000 Restricted Share Units (RSUs) in Yerbae Brands Corp., along with holding warrants and convertible debentures.

Summary

• On February 25, 2025, Marufur Syed Raza, a director of Yerbae Brands Corp., filed a Form 4.
• The report details the acquisition of 325,000 Restricted Share Units (RSUs) on February 13, 2025.
• Raza also holds 125,000 RSUs from a previous award on April 1, 2025.
• Additionally, Raza owns warrants for 37,500 common shares and convertible debentures convertible into 50 common shares, both from April 13, 2023.
• The convertible debentures have a conversion price of US$1.40 per share and mature on April 30, 2025, bearing interest at 6% per annum.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing detailing transactions. It doesn't inherently indicate positive or negative performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.

Stakeholder Impact

• Shareholders can use this information to assess the director's stake in the company and potential alignment of interests.

Key Dates