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CV Sciences holder reports 13.1% stake, 26.6M shares

Large holder Charles E. Cheever III reports beneficial ownership of 13.1% of CV Sciences’ common stock with sole voting and dispositive power.

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Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

CV Sciences, Inc. (CVSI) has a large shareholder, Charles E. Cheever III, reporting beneficial ownership of a significant block of its common stock on a Schedule 13G. He reports beneficial ownership of 26,648,711 shares of common stock, representing 13.1% of the class.

Cheever reports sole voting and dispositive power over all 26,648,711 shares and no shared power. This total includes 881,700 shares held by a trust for which he is trustee; he states he has no personal pecuniary interest in those trust shares, but they are included due to his voting and dispositive authority as trustee.

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Beneficially owned shares 26,648,711 shares Common stock of CV Sciences, Inc. reported by Charles E. Cheever III
Percent of class beneficially owned 13.1% Portion of CV Sciences, Inc. common stock class reported as beneficially owned
Sole voting power 26,648,711 shares Shares over which he has sole power to vote or direct the vote
Sole dispositive power 26,648,711 shares Shares over which he has sole power to dispose or direct disposition
Trust-held shares included 881,700 shares Shares held by a trust where he serves as trustee, included in beneficial ownership
beneficially owned financial
"Amount beneficially owned: 26,648,711"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"Sole Voting Power 26,648,711.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"Sole Dispositive Power 26,648,711.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
pecuniary interest financial
"The Reporting Person has no personal pecuniary interest in such shares"
trustee financial
"shares of Common Stock held by a trust for which the Reporting Person serves as trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CVSI shares does Charles E. Cheever III report owning on this Schedule 13G?

He reports beneficial ownership of 26,648,711 shares of CV Sciences, Inc. common stock. This figure includes shares over which he has voting or dispositive power, including certain shares held in a trust where he serves as trustee.

What percentage of CVSI’s common stock does Charles E. Cheever III beneficially own?

He reports beneficial ownership of 13.1% of the class of CV Sciences, Inc. common stock. This percentage reflects all shares over which he has beneficial ownership as defined in the filing.

Does Charles E. Cheever III have sole or shared voting power over his CVSI shares?

He reports sole voting power over 26,648,711 shares and no shared voting power. He likewise reports sole dispositive power over the same number of shares and no shared dispositive power.

How many CVSI shares in the reported holdings are held through a trust?

The holdings include 881,700 shares of common stock held by a trust for which he serves as trustee. He states he has sole voting and dispositive power over these shares in that capacity.

Does Charles E. Cheever III claim an economic interest in the CVSI shares held by the trust?

He states that he has no personal pecuniary interest in the 881,700 trust shares. They are included in his beneficial ownership solely because he has voting and dispositive authority as trustee.

What class of CVSI securities is covered by this Schedule 13G filing?

The filing covers common stock, $0.0001 par value per share, of CV Sciences, Inc., identified with CUSIP 126654102 in the disclosure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





126654102

(CUSIP Number)
11/24/2024

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: Includes 881,700 shares of Common Stock held by a trust for which the Reporting Person serves as trustee. In such capacity, the Reporting Person has sole voting and dispositive power with respect to such shares. The Reporting Person has no personal pecuniary interest in such shares, and the inclusion of such shares as beneficially owned by the Reporting Person is solely as a result of the Reporting Person's voting and dispositive authority in the capacity as trustee.


SCHEDULE 13G



CHEEVER CHARLIE E III
Signature:Charles E. Cheever III
Name/Title:Charles E. Cheever III
Date:09/09/2026

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