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CEA Industries (BNC) CFO granted 363,636 RSUs with vesting through 2030

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CEA Industries Inc. reported that Chief Financial Officer William B. Miller received a grant of 363,636 Restricted Stock Units (RSUs) on common stock. These RSUs were awarded as compensation and carry no exercise price.

According to the vesting schedule, 25% of the RSUs, or 90,909 shares, will vest on April 6, 2027, with the remaining units vesting in equal quarterly installments through April 6, 2030, contingent on his continued service. The award was granted under the CEA Industries Inc. 2026 Inducement Plan, and following this grant Miller holds 363,636 RSUs directly.

Positive

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Insider Miller William B
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 363,636 $0.00 --
Holdings After Transaction: Restricted Stock Units — 363,636 shares (Direct)
Footnotes (1)
  1. RSUs convert into common stock on a one-for-one basis. 25% of the RSUs (90,909 shares) vest on April 6, 2027, with the remaining RSUs vesting in equal quarterly installments thereafter through April 6, 2030, subject to the Participant's continued service with the Company through each applicable vesting date. The RSUs were granted pursuant to the CEA Industries Inc. 2026 Inducement Plan.
RSUs granted 363,636 RSUs Grant to CFO on April 6, 2026
Initial vesting portion 90,909 RSUs 25% vesting on April 6, 2027
Vesting period end April 6, 2030 Final quarterly vesting date for remaining RSUs
Conversion ratio 1 RSU = 1 share RSUs convert into common stock one-for-one
Exercise price $0.00 per RSU No cash exercise price for the RSU grant
RSUs held after grant 363,636 RSUs Total RSUs directly held by CFO following transaction
Restricted Stock Units financial
"Chief Financial Officer William B. Miller received a grant of 363,636 Restricted Stock Units (RSUs)"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"25% of the RSUs (90,909 shares) vest on April 6, 2027, with the remaining RSUs vesting in equal quarterly installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Inducement Plan financial
"The RSUs were granted pursuant to the CEA Industries Inc. 2026 Inducement Plan"
An inducement plan is a program a company creates to encourage employees or new hires to stay or join by offering special benefits or rewards. It’s like a company giving extra bonuses or perks to persuade someone to choose their job over others, helping the company attract and keep talented workers.
one-for-one basis financial
"RSUs convert into common stock on a one-for-one basis"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Miller William B

(Last)(First)(Middle)
C/O CEA INDUSTRIES, INC.
385 SOUTH PIERCE AVENUE SUITE C

(Street)
LOUISVILLE, COLORADO 80027

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CEA Industries Inc. [ BNC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/06/2026A363,636 (2) (2)Common Stock363,636$0363,636D
Explanation of Responses:
1. RSUs convert into common stock on a one-for-one basis.
2. 25% of the RSUs (90,909 shares) vest on April 6, 2027, with the remaining RSUs vesting in equal quarterly installments thereafter through April 6, 2030, subject to the Participant's continued service with the Company through each applicable vesting date. The RSUs were granted pursuant to the CEA Industries Inc. 2026 Inducement Plan.
/s/ Jordan J. Saddoris, Attorney-in-Fact04/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did CEA Industries (BNC) disclose about its CFO in this Form 4?

CEA Industries reported that CFO William B. Miller received 363,636 Restricted Stock Units as a compensation award. These RSUs relate to common stock and were granted under the company’s 2026 Inducement Plan, with vesting tied to his continued service.

How many RSUs did the CEA Industries (BNC) CFO receive and at what price?

The CFO received 363,636 Restricted Stock Units at a price of $0.00 per unit. RSUs are stock-based awards that convert into shares over time, so there is no cash exercise price associated with this grant.

What is the vesting schedule for the CEA Industries (BNC) CFO’s 363,636 RSUs?

25% of the RSUs, or 90,909 shares, vest on April 6, 2027. The remaining RSUs vest in equal quarterly installments through April 6, 2030, provided the CFO continues to serve the company through each vesting date.

Do the CEA Industries (BNC) RSUs convert into common stock on a set basis?

Yes. The filing states that the Restricted Stock Units convert into common stock on a one-for-one basis. Each vested RSU will therefore result in the issuance of one share of CEA Industries common stock to the holder.

Under which plan were the CEA Industries (BNC) CFO’s RSUs granted?

The RSUs were granted under the CEA Industries Inc. 2026 Inducement Plan. This plan is used to issue equity awards, such as RSUs, typically to attract or retain key personnel through stock-based compensation arrangements.

What is the CFO’s RSU holding after this CEA Industries (BNC) transaction?

Following this award, CFO William B. Miller holds 363,636 Restricted Stock Units directly. These units will convert into an equal number of common shares as they vest over time according to the specified schedule in the grant terms.