[Form 4] Crimson Wine Group, Ltd Insider Trading Activity

Rhea-AI Filing Summary

Crimson Wine Group (CWGL) director share purchase reported

A director of Crimson Wine Group, Ltd. reported buying common stock in the company. On 11/19/2025, the reporting person purchased 900 shares of Crimson Wine Group common stock in an open market transaction coded "P" at a price of $4.86 per share.

After this transaction, the director beneficially owns a total of 1,900 shares of Crimson Wine Group common stock in direct ownership form. This filing is a routine Form 4 disclosure of insider trading activity required by securities regulations.

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^*

Rollins Colby A.

(Last) (First) (Middle)

C/O CRIMSON WINE GROUP, LTD.

5901 SILVERADO TRAIL

(Street)

NAPA CA 94558

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Crimson Wine Group, Ltd [ CWGL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/19/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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 Stock	11/19/2025		P		900	A	$4.86	1,900	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

Explanation of Responses:

Remarks:

	/s/ Adam D. Howell, as attorney-in-fact	11/21/2025
	** 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.

FAQ

What insider transaction was reported for Crimson Wine Group (CWGL)?

A director of Crimson Wine Group, Ltd. reported buying 900 shares of common stock on 11/19/2025 in a transaction coded "P" (open market purchase).

At what price were the Crimson Wine Group (CWGL) shares purchased by the director?

The director purchased the 900 shares of Crimson Wine Group common stock at a price of $4.86 per share.

How many Crimson Wine Group (CWGL) shares does the director own after the transaction?

Following the reported transaction, the director beneficially owns 1,900 shares of Crimson Wine Group common stock in direct ownership.

What SEC form was used to disclose the Crimson Wine Group (CWGL) insider trade?

The insider purchase was disclosed on Form 4, which reports changes in beneficial ownership by company insiders such as directors and officers.

What does transaction code "P" mean in the Crimson Wine Group (CWGL) Form 4?

Transaction code "P" on Form 4 indicates an open market or private purchase of the issuer's securities.

Is the Crimson Wine Group (CWGL) director’s ownership reported as direct or indirect?

The Form 4 shows the director’s 1,900 shares as direct (D) beneficial ownership.