Caring Brands CEO redeems 1.5M shares to issuer
Caring Brands, Inc. Chief Executive Officer Dr. Glynn Wilson reported a disposition of 1,500,000 shares of common stock back to the company.
Rhea-AI Filing Summary
Caring Brands, Inc. Chief Executive Officer Dr. Glynn Wilson reported a disposition of 1,500,000 shares of common stock back to the company. The shares were redeemed at approximately $0.50 per share under a Share Redemption Agreement signed on March 19, 2026.
After this issuer redemption, Dr. Wilson beneficially owns 500,000 shares of common stock and 172,592 restricted stock units, none of which have vested. He therefore continues to hold a meaningful equity stake that aligns his interests with other shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 1,500,000 | $0.50 | $750K |
Footnotes (2)
- F1. Represents redemption of 1,500,000 shares of common stock of the Issuer at approximately $0.50 per share pursuant to that certain Share Redemption Agreement signed by the Reporting Person and the Issuer on March 19, 2026.
- F2. The number of shares of common stock beneficially owned following the reported transaction includes Dr. Wilson's ownership of (i) 126,720 restricted stock units of common stock of the Issuer of which zero have vested, (ii) 45,872 restricted stock units of common stock of the Issuer of which zero have vested, and (iii) 500,000 shares of common stock.
FAQ
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