STOCK TITAN

[Form 3] Charlotte's Web Holdings, Inc. Initial Statement of Beneficial Ownership

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Charlotte's Web Holdings, Inc. executive Mindy Beth Garrison, CPO & Corporate Secretary, filed an initial Form 3 reporting her equity holdings in the company. The filing lists stock options, restricted stock units (RSUs), and common shares held directly, without showing any new purchases or sales.

She reports stock options over 51,245 common shares at an exercise price of $0.3200 per share expiring on 2033-04-01, 37,500 shares at $1.5600 expiring on 2032-02-11, and 166,667 shares at $0.6000 expiring on 2032-08-08. All of these options are currently vested.

The filing also shows RSUs covering 401,677, 28,305, and 79,899 common shares, each RSU representing a contingent right to receive one common share and generally vesting in three equal annual installments beginning on the first anniversary of their respective grant dates. In addition, she holds 211,934 common shares directly.

Positive

  • None.

Negative

  • None.
Insider Garrison Mindy Beth
Role CPO & Corporate Secretary
Type Security Shares Price Value
holding Stock Option (right to buy) -- -- --
holding Stock Option (right to buy) -- -- --
holding Stock Option (right to buy) -- -- --
holding Restricted Stock Unit -- -- --
holding Restricted Stock Unit -- -- --
holding Restricted Stock Unit -- -- --
holding Common Shares -- -- --
Holdings After Transaction: Stock Option (right to buy) — 51,245 shares (Direct); Restricted Stock Unit — 401,677 shares (Direct); Common Shares — 211,934 shares (Direct)
Footnotes (1)
  1. The option agreement provides that the option becomes exercisable in 3 equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on 04/01/2023. All options are currently vested. The option agreement provides that the option becomes exercisable in 3 equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on 02/11/2022. All options are currently vested. The option agreement provides that the option becomes exercisable in 1 annual installment on 08/08/2023. The option was granted on 08/08/2022. The option is currently vested. The restricted stock unit agreement provides that the restricted stock unit vests in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 04/01/2026. Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc. The restricted stock unit agreement provides that the restricted stock unit vests in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 04/01/2024. The restricted stock unit agreement provides that the restricted stock unit vests in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 04/01/2025.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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OMB Number:3235-0104
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1. Name and Address of Reporting Person*
Garrison Mindy Beth

(Last)(First)(Middle)
700 TECH CT
C/O CHARLOTTE'S WEB HOLDINGS, INC.

(Street)
LOUISVILLE COLORADO 80027

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
04/06/2026
3. Issuer Name and Ticker or Trading Symbol
Charlotte's Web Holdings, Inc. [ CWBHF ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CPO & Corporate Secretary
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares211,934D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)04/01/2024(1)04/01/2033Common Shares51,245$0.32D
Stock Option (right to buy)02/11/2023(2)02/11/2032Common Shares37,500$1.56D
Stock Option (right to buy)08/08/2023(3)08/08/2032Common Shares166,667$0.6D
Restricted Stock Unit (4) (4)Common Shares401,677(5)D
Restricted Stock Unit (6) (6)Common Shares28,305(5)D
Restricted Stock Unit (7) (7)Common Shares79,899(5)D
Explanation of Responses:
1. The option agreement provides that the option becomes exercisable in 3 equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on 04/01/2023. All options are currently vested.
2. The option agreement provides that the option becomes exercisable in 3 equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on 02/11/2022. All options are currently vested.
3. The option agreement provides that the option becomes exercisable in 1 annual installment on 08/08/2023. The option was granted on 08/08/2022. The option is currently vested.
4. The restricted stock unit agreement provides that the restricted stock unit vests in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 04/01/2026.
5. Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
6. The restricted stock unit agreement provides that the restricted stock unit vests in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 04/01/2024.
7. The restricted stock unit agreement provides that the restricted stock unit vests in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 04/01/2025.
Remarks:
/s/ Nathan Gerhardt, Attorney in Fact for Mindy B. Garrison04/14/2026
** 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 5 (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 3: SEC 1473 (03-26)