Charlotte's Web CEO converts awards into 295K shares

The CEO's RSU agreement schedules equal quarterly vesting over one year beginning July 1, 2026.

Rhea-AI Filing Summary

Charlotte's Web Holdings, Inc. Chief Executive Officer William J. Morachnick reported converting 294,662 restricted stock units into 294,662 common shares on October 1, 2026. He also reported 71,751 shares delivered or withheld for payment of exercise price or tax liability, at a reported price of 0.2803 per share. The RSUs were granted April 1, 2026 and vest in equal quarterly installments over one year beginning July 1, 2026. The reported post-transaction balance was 589,324 RSUs. No Rule 10b5-1 plan is reported.

Insider Trade Summary

294,662 shares exercised/converted

Exercise 3 txns

Insider Morachnick William J.

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit F1, F2	294,662	$0.00	$0.00
Exercise	Common Shares F1	294,662	$0.00	$0.00
Exercise Price or Tax Liability	Common Shares	71,751	$0.2803	$20K

Holdings After Transaction: Restricted Stock Unit — 589,324 contracts (Direct); Common Shares — 4,024,210 shares (Direct)

Footnotes (2)

1. F1. Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
2. F2. The restricted stock unit agreement provides that the restricted stock unit vests in equal quarterly installments over 1 year beginning on 7/1/2026. The restricted stock unit was granted on 4/1/2026.

Key Figures

Restricted stock units converted: 294,662 restricted stock units Common shares acquired: 294,662 shares Shares delivered or withheld: 71,751 shares +2 more

5 metrics

Restricted stock units converted 294,662 restricted stock units October 1, 2026

Common shares acquired 294,662 shares Through the RSU conversion on October 1, 2026

Shares delivered or withheld 71,751 shares For payment of exercise price or tax liability on October 1, 2026

Reported price per share 0.2803 per share Shares delivered or withheld on October 1, 2026

RSUs following transaction 589,324 restricted stock units Reported after the October 1, 2026 transaction

Key Terms

Restricted Stock Unit, contingent right, vests in equal quarterly installments

3 terms

Restricted Stock Unit financial

"Each restricted stock unit represents a contingent right"

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

"contingent right to receive one common share"

vests in equal quarterly installments financial

"vests in equal quarterly installments over 1 year"

FAQ

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How many CWBHF shares did CEO William J. Morachnick receive from RSUs?

William J. Morachnick converted 294,662 restricted stock units into 294,662 common shares on October 1, 2026. Separately, 71,751 shares were delivered or withheld for payment of exercise price or tax liability.

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

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Available on EDGAR 10/02/2026 - 04:44 PM Accepted by SEC EDGAR 10/02/2026 - 04:43 PM Learn about SEC filing dates

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^*

Morachnick William J.

(Last) (First) (Middle)

C/O CHARLOTTE'S WEB 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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	10/01/2026		M		294,662	A	$0(1)	4,095,961	D
Common Shares	10/01/2026		F		71,751	D	$0.2803	4,024,210	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	10/01/2026		M			294,662	(2)	(2)	Common Shares	294,662	$0	589,324	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 unit vests in equal quarterly installments over 1 year beginning on 7/1/2026. The restricted stock unit was granted on 4/1/2026.

Remarks:

	/s/ William Morachnick	10/02/2026
	** 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)