Form 4: Yerbae Brands Corp. Director Marufur Syed Raza Reports Transaction
SEC Form 4 Filing
Director Marufur Syed Raza reports acquisition and disposal of Yerbae Brands Corp. common stock and restricted share units (RSUs).
Summary
- On April 23, 2025, Marufur Syed Raza, a director of Yerbae Brands Corp., reported a transaction involving the company's securities.
- The transaction included the acquisition of 125,000 common shares and the disposal of 125,000 common shares.
- Raza also holds restricted share units (RSUs) that vest 12 months from the date of the RSU award.
- Additionally, Raza holds warrants for 35,700 common shares with an exercise price of $1.70, expiring on April 30, 2025.
- Raza also holds convertible debentures convertible into common shares at a conversion price of US$1.40 per common share.
Sentiment
Score: 5
Explanation: This is a neutral report of insider transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 04/13/2023 | Date of warrants and convertible debentures |
| 02/13/2025 | Date of Restricted Share Units |
| 04/01/2025 | Vesting date of Restricted Share Units |
| 04/23/2025 | Date of transaction (acquisition and disposal of common stock and vesting of RSUs) |
| 04/25/2025 | Date of signature |
| 04/30/2025 | Expiration date of warrants and maturity date of convertible debentures |
Keywords
Form 4, insider trading, beneficial ownership, restricted share units, convertible debentures, warrants, YERBF, Yerbae Brands Corp., Marufur Syed Raza, director
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