Charlotte's Web (CWBHF) director Maureen Usifer exercises 75,000 RSUs into shares
Filing Impact
Filing Sentiment
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 Trade Summary
75,000 shares exercised/converted
Mixed
2 txns
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)
- 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
Price per share: $0.00 per share
+1 more
4 metrics
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
Key Terms
Restricted Stock Unit, Common Shares, derivative security
3 terms
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.
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.
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.
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.