Director at Charlotte's Web (CWBHF) converts 75,000 RSUs into common shares
Filing Impact
Filing Sentiment
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 Trade Summary
75,000 shares exercised/converted
Mixed
2 txns
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)
- 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.
Key Figures
RSUs exercised: 75,000 units
Common shares acquired: 75,000 shares
Holdings after transaction: 150,000 shares
+1 more
4 metrics
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
Key Terms
Restricted Stock Unit, contingent right, derivative security, exercise or conversion
4 terms
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""
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.
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.
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.