STOCK TITAN

Director at Charlotte's Web (CWBHF) converts 75,000 RSUs into common shares

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

Rhea-AI Filing Summary

Charlotte's Web Holdings, Inc. director Matthew Evan McCarthy exercised restricted stock units into common shares. On July 1, 2026, 75,000 restricted stock units converted into 75,000 common shares at a stated price of $0.00 per share. Following this equity award vesting and conversion, he now directly holds 150,000 common shares of the company, and the reported restricted stock unit position was reduced to zero.

Positive

  • None.

Negative

  • None.
Insider McCarthy Matthew Evan
Role null
Type Security Shares Price Value
Exercise Restricted Stock Unit 75,000 $0.00 --
Exercise Common Shares 75,000 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct, null); Common Shares — 150,000 shares (Direct, null)
Footnotes (1)
  1. 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 vest in one installment on July 1, 2026.
RSUs exercised 75,000 units Restricted stock units converted to common shares on July 1, 2026
Common shares acquired 75,000 shares Common shares received from RSU conversion at $0.00 per share
Holdings after transaction 150,000 shares Total direct common share holdings following the RSU conversion
Exercise price $0.00 per share Reported transaction price for RSU conversion into common shares
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one common share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc."
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise or conversion financial
"transaction_action": "derivative exercise/conversion""
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Learn about SEC filing dates
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*
McCarthy Matthew Evan

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

(Street)
LOUISVILLE COLORADO 80027

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Charlotte's Web Holdings, Inc. [ CWBHF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
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
Common Shares07/01/2026M75,000A$0(1)150,000D
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 Unit(1)07/01/2026M75,000 (2) (2)Common Shares75,000$00D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
2. The restricted stock unit agreement provides that the restricted stock vest in one installment on July 1, 2026.
Remarks:
/s/ Matthew McCarthy07/06/2026
** 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 insider transaction did Charlotte's Web (CWBHF) report for Matthew Evan McCarthy?

Charlotte's Web reported that director Matthew Evan McCarthy exercised 75,000 restricted stock units into 75,000 common shares. This compensation-related transaction increased his direct common share holdings to 150,000 shares with no reported open-market sale activity in this filing.

How many Charlotte's Web (CWBHF) shares does Matthew Evan McCarthy hold after this Form 4?

After the reported transactions, Matthew Evan McCarthy directly holds 150,000 common shares of Charlotte's Web. This reflects the conversion of 75,000 restricted stock units into common shares and the elimination of the reported restricted stock unit balance in this filing.

What was the size of the restricted stock unit conversion in Charlotte's Web (CWBHF) Form 4?

The Form 4 shows 75,000 restricted stock units converted into 75,000 common shares of Charlotte's Web. Each restricted stock unit represented a contingent right to receive one common share, and the reported exercise price in the filing was $0.00 per unit.

Did Matthew Evan McCarthy sell any Charlotte's Web (CWBHF) shares in this Form 4?

The Form 4 does not report any open-market sales by Matthew Evan McCarthy. It shows an exercise of 75,000 restricted stock units into common shares, increasing his direct holdings to 150,000 shares without a corresponding sale transaction code like “S.”

What does each restricted stock unit represent in Charlotte's Web (CWBHF) Form 4?

Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web. The filing notes that these restricted stock units vest in one installment, and 75,000 units were converted into an equal number of common shares on July 1, 2026.