Charlotte's Web director exercises 85K RSUs

Charlotte's Web Holdings director Angela May McElwee exercised 85,000 Restricted Stock Units into Common Shares on July 1, 2026.

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Form Type

Rhea-AI Filing Summary

Charlotte's Web Holdings director Angela May McElwee exercised 85,000 Restricted Stock Units into Common Shares on July 1, 2026. This was a derivative exercise, not an open-market buy or sell. Following the conversion, she directly holds 170,000 Common Shares. Each RSU represented a contingent right to receive one common share, vesting in a single installment on July 1, 2026.

Insider Trade Summary

85,000 shares exercised/converted

Exercise 2 txns

Insider McElwee Angela May

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	85,000	$0.00	$0.00
Exercise	Common Shares	85,000	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 0 contracts (Direct); Common Shares — 170,000 shares (Direct)

Footnotes (2)

F1. Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
F2. The restricted stock unit agreement provides that the restricted stock vest in one installment on July 1, 2026.

Key Figures

RSUs exercised: 85,000 units Shares held after transaction: 170,000 shares Exercise price per RSU: $0.00 per unit +1 more

4 metrics

RSUs exercised 85,000 units Restricted Stock Units converted to Common Shares on July 1, 2026

Shares held after transaction 170,000 shares Total direct Common Shares owned by Angela May McElwee post-transaction

Exercise price per RSU $0.00 per unit Conversion of 85,000 Restricted Stock Units into Common Shares

Derivative exercises 1 transaction, 85,000 shares Exercise or conversion of derivative security on July 1, 2026

Key Terms

Restricted Stock Unit, derivative security, contingent right, 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.

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.

contingent right financial

"represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc."

exercise or conversion financial

"transaction_action: derivative exercise/conversion"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Charlotte's Web (CWBHF) report for Angela May McElwee?

Charlotte's Web reported that director Angela May McElwee exercised 85,000 Restricted Stock Units into Common Shares on July 1, 2026. This derivative exercise converted previously awarded RSUs into shares and did not involve an open-market purchase or sale of stock.

How many Charlotte's Web (CWBHF) shares does Angela May McElwee hold after this Form 4?

After the July 1, 2026 transaction, Angela May McElwee directly holds 170,000 Common Shares of Charlotte's Web. This reflects the conversion of 85,000 Restricted Stock Units into shares, as reported in the Form 4 insider filing data.

Was the Charlotte's Web (CWBHF) insider transaction a buy or sell in the open market?

The transaction was neither an open-market buy nor an open-market sell. It was classified as an exercise or conversion of a derivative security, where 85,000 Restricted Stock Units converted into Common Shares at an exercise price of $0.00 per unit.

What are the terms of the Charlotte's Web (CWBHF) Restricted Stock Units exercised?

Each Restricted Stock Unit represented a contingent right to receive one Common Share of Charlotte's Web. The RSU agreement provided that all 85,000 units vested and converted in one installment on July 1, 2026, according to the disclosed footnotes.

Did Angela May McElwee retain any Charlotte's Web (CWBHF) Restricted Stock Units after this filing?

The Form 4 data show 85,000 Restricted Stock Units converted into Common Shares, with zero RSUs remaining from this grant after the transaction. The derivative summary is empty, indicating no remaining position from this specific RSU award in the filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 07/06/2026 - 01:58 PM EDT

SEC Form 4

FORM 4

UNITED 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^*

McElwee Angela May

(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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	07/01/2026		M		85,000	A	$0⁽¹⁾	170,000	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	07/01/2026		M			85,000	⁽²⁾	⁽²⁾	Common Shares	85,000	$0	0	D

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/ Angela McElwee	07/06/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR