STOCK TITAN

Charlotte's Web (CWBHF) director Maureen Usifer exercises 75,000 RSUs into shares

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

Rhea-AI Filing Summary

Charlotte's Web Holdings, Inc. director Maureen K. Usifer exercised restricted stock units into 75,000 Common Shares. The Form 4 shows a derivative exercise on July 1, 2026, converting 75,000 restricted stock units into 75,000 Common Shares at a stated price of $0.00 per share, with no sale reported.

Following the transaction, Usifer directly holds 150,000 Common Shares. The derivative line shows 75,000 restricted stock units exercised into an equal number of Common Shares, leaving no remaining units from that grant. Footnotes explain that each unit represented a contingent right to receive one Common Share and that the units vested in a single installment on July 1, 2026.

Positive

  • None.

Negative

  • None.
Insider Usifer Maureen K
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 on July 1, 2026
Common Shares acquired 75,000 shares Common Shares received from RSU exercise on July 1, 2026
Price per share $0.00 per share Stated transaction price for exercised RSUs
Shares held after transaction 150,000 shares Direct Common Shares following July 1, 2026 exercise
Restricted Stock Unit financial
"The restricted stock unit agreement provides that the restricted stock vest in one installment on July 1, 2026."
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.
Common Shares financial
"Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc."
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
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.
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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*
Usifer Maureen K

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

(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/ Maureen Usifer07/06/2026
** 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 Maureen K. Usifer report at Charlotte's Web (CWBHF)?

Maureen K. Usifer reported exercising 75,000 restricted stock units into 75,000 Common Shares of Charlotte's Web. The transaction occurred on July 1, 2026 and reflects a derivative exercise, not an open-market purchase or sale, according to the Form 4 details.

How many Charlotte's Web (CWBHF) shares does Maureen K. Usifer hold after this Form 4?

After the derivative exercise, Maureen K. Usifer directly holds 150,000 Common Shares of Charlotte's Web. This total comes from the Form 4 entry listing 150,000 shares owned following the July 1, 2026 transaction, showing her post-transaction equity position as a director.

What happened to the 75,000 restricted stock units reported for Charlotte's Web (CWBHF)?

The 75,000 restricted stock units were exercised and converted into 75,000 Common Shares of Charlotte's Web. The derivative position shows zero units remaining after the July 1, 2026 exercise, indicating the entire RSU grant described in the filing was fully settled into common shares.

Was there any open-market buying or selling in Maureen K. Usifer’s Charlotte's Web (CWBHF) Form 4?

The Form 4 does not show any open-market buy or sell transaction. It records a derivative exercise coded “M,” where 75,000 restricted stock units converted into 75,000 Common Shares at a stated price of $0.00 per share, with no sale entry reported in the non-derivative section.

When did the restricted stock units for Charlotte's Web (CWBHF) vest for Maureen K. Usifer?

The restricted stock units vested on July 1, 2026. A footnote explains the restricted stock unit agreement provided that the units vested in a single installment on that date, aligning with the reported exercise that converted 75,000 units into 75,000 Common Shares.