[Form 4] Edible Garden AG Inc Insider Trading Activity
Edible Garden AG Inc. (EDBL) reported an insider equity award for its President, CEO, and director, James E. Kras. On 11/20/2025, he received 934,579 restricted stock units that convert into common stock on a one-for-one basis at a price of $0. These RSUs were granted under the Edible Garden AG 2025 Officer and Director Equity Incentive Plan and, except as otherwise provided in the award notice, will vest in four equal annual installments starting on November 20, 2026.
On the same date, he was also granted a stock option for 988,247 shares of common stock at an exercise price of $1.07 per share, also under the 2025 plan, vesting in four equal annual installments commencing on November 20, 2026. Following these grants, he reports beneficial ownership of 3,617 common shares directly, 26 shares indirectly through his spouse, 934,579 RSUs, and 988,247 stock options.
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FAQ
What insider transaction did Edible Garden (EDBL) report for James E. Kras?
Edible Garden reported that James E. Kras, its President, CEO, and director, received equity awards on 11/20/2025, including restricted stock units and stock options granted under the Edible Garden AG 2025 Officer and Director Equity Incentive Plan.
How many restricted stock units did the EDBL CEO receive and how do they vest?
James E. Kras received 934,579 restricted stock units, which convert into common stock on a one-for-one basis at a price of $0. The RSUs will vest in four equal annual installments commencing on November 20, 2026, except as otherwise provided in the award notice.
What stock option grant was reported for the Edible Garden (EDBL) CEO?
He was granted a stock option to buy 988,247 shares of Edible Garden common stock at an exercise price of $1.07 per share. This option was granted under the 2025 Officer and Director Equity Incentive Plan and will vest in four equal annual installments starting on November 20, 2026, except as otherwise provided in the award notice.
What is James E. Kras’s reported beneficial ownership in EDBL common stock after these grants?
After the reported transactions, James E. Kras reports beneficial ownership of 3,617 shares of common stock held directly, 26 shares held indirectly through his spouse, 934,579 restricted stock units, and 988,247 stock options.
Under what plan were the EDBL equity awards to the CEO granted?
The restricted stock units and stock options were granted under the Edible Garden AG 2025 Officer and Director Equity Incentive Plan in transactions described as exempt under Rule 16b-3.
What roles does James E. Kras hold at Edible Garden (EDBL)?
James E. Kras is identified as a director and an officer of Edible Garden AG Inc., holding the title of President and CEO.