Director at Charlotte's Web (OTC: CWBHF) awarded 75,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Usifer Maureen K reported acquisition or exercise transactions in this Form 4 filing.
Charlotte's Web Holdings, Inc. director Maureen K. Usifer received a grant of 75,000 restricted stock units on June 1, 2026. Each RSU represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc. The award is scheduled to fully vest on June 1, 2027.
Following this grant, Usifer holds 75,000 restricted stock units directly, all linked to an equivalent number of common shares upon vesting and settlement, subject to the award’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Usifer Maureen K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 75,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 75,000 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 unit vests on 6/1/2027. The restricted stock unit was granted on 6/1/2026.
Key Figures
RSUs granted: 75,000 units
Underlying common shares: 75,000 shares
Vesting date: June 1, 2027
+2 more
5 metrics
RSUs granted
75,000 units
Restricted stock unit grant on June 1, 2026
Underlying common shares
75,000 shares
Each RSU equals one common share
Vesting date
June 1, 2027
Scheduled RSU vesting date in award agreement
Grant date
June 1, 2026
Date RSUs were awarded to director
Holdings after transaction
75,000 RSUs
Total restricted stock units held directly after grant
Key Terms
Restricted Stock Unit, contingent right, vests, common share
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.
contingent right financial
"represents a contingent right to receive one common share of Charlotte's Web"
vests financial
"The restricted stock unit agreement provides that the restricted stock unit vests on 6/1/2027"
FAQ
What insider transaction did Charlotte's Web (CWBHF) report for Maureen K. Usifer?
Charlotte's Web reported that director Maureen K. Usifer received a grant of 75,000 restricted stock units on June 1, 2026. These RSUs are a form of equity compensation that may convert into common shares if the vesting conditions are met.
How many restricted stock units were granted to the Charlotte's Web (CWBHF) director?
Maureen K. Usifer was granted 75,000 restricted stock units. Each unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc., providing potential future ownership if the award vests according to its terms.
When do Maureen K. Usifer’s restricted stock units at Charlotte's Web (CWBHF) vest?
The restricted stock unit agreement states that the 75,000 units vest on June 1, 2027. Vesting means the director will then be entitled to receive the underlying common shares, assuming all conditions in the agreement are satisfied.
What does each restricted stock unit represent for Charlotte's Web (CWBHF)?
Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc. This structure ties director compensation to the company’s equity, aligning potential value with future share performance upon vesting.
How many restricted stock units does Maureen K. Usifer hold after this Charlotte's Web (CWBHF) grant?
After the June 1, 2026 grant, Maureen K. Usifer holds 75,000 restricted stock units directly. These units correspond to an equal number of underlying common shares, which may be delivered when the RSUs vest on June 1, 2027.