Charlotte's Web (CWBHF) director exercises 37,178 RSUs; 12,659 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Charlotte's Web Holdings, Inc. director Jared Stanley exercised restricted stock units into common shares as part of his equity compensation. On April 1, 2026, he converted 37,178 restricted stock units into 37,178 common shares at a stated price of $0.00 per share.
To cover tax obligations on this vesting, 12,659 common shares were disposed of at $0.782 per share through tax withholding, a non‑market transaction. After these entries, Stanley directly holds 202,291 common shares. The restricted stock units were originally granted on April 1, 2024 and vest in three equal annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
37,178 shares exercised/converted
Mixed
3 txns
Insider
Stanley Jared
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 37,178 | $0.00 | -- |
| Exercise | Common Shares | 37,178 | $0.00 | -- |
| Tax Withholding | Common Shares | 12,659 | $0.782 | $10K |
Holdings After Transaction:
Restricted Stock Unit — 37,178 shares (Direct);
Common Shares — 214,950 shares (Direct)
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 unit vests in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 4/1/2024.
Key Figures
RSUs exercised: 37,178 units
Shares received: 37,178 shares
Tax-withholding shares: 12,659 shares
+4 more
7 metrics
RSUs exercised
37,178 units
Restricted stock units converted into common shares on April 1, 2026
Shares received
37,178 shares
Common shares acquired from RSU conversion
Tax-withholding shares
12,659 shares
Shares disposed of to satisfy tax liability on vesting
Tax-withholding price
$0.782 per share
Price for shares delivered to cover tax obligations
Post-transaction holdings
202,291 shares
Common shares directly held after transactions
Grant date
April 1, 2024
Original restricted stock unit grant date
Vesting pattern
3 equal annual installments
RSUs vest annually starting first anniversary of grant
Key Terms
Restricted Stock Unit, contingent right, vests in 3 equal annual installments, derivative exercise/conversion, +1 more
5 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"
vests in 3 equal annual installments financial
"The restricted stock unit agreement provides that the restricted stock unit vests in 3 equal annual installments"
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Jared Stanley report for CWBHF?
Director Jared Stanley exercised restricted stock units into common shares and had shares withheld for taxes. He converted 37,178 restricted stock units into 37,178 common shares, with 12,659 shares disposed of at $0.782 per share to satisfy tax obligations tied to the vesting.
What does the restricted stock unit exercise mean for CWBHF director Jared Stanley?
The exercise means previously granted restricted stock units converted into common shares that Stanley now owns. Each unit represented a right to receive one common share, and the grant vests in three equal annual installments beginning April 1, 2025, aligning equity compensation with ongoing service.
Were Jared Stanley’s CWBHF transactions open-market buys or sells?
The filing shows no open-market buys or sells. It records a derivative exercise converting 37,178 restricted stock units into common shares and a tax-withholding disposition of 12,659 shares at $0.782 per share to cover taxes on the vesting event.
What is the vesting schedule of Jared Stanley’s CWBHF restricted stock units?
The restricted stock unit agreement states the grant vests in three equal annual installments. Vesting begins on the first anniversary of the April 1, 2024 grant date, meaning units vest annually over three years, subject to the terms of the award agreement.