Director at Enveric Biosciences (ENVB) receives 18,518 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WEBB MICHAEL D reported acquisition or exercise transactions in this Form 4 filing.
Enveric Biosciences director Michael D. Webb received a grant of 18,518 shares of restricted common stock. The award was made under the Enveric Biosciences, Inc. 2020 Long-Term Incentive Plan as amended, with vesting governed by the plan and his restricted stock agreement.
These shares were granted at no cash cost per share and are compensation rather than an open-market purchase. Following this grant, Webb directly holds a total of 26,416 shares of Enveric Biosciences common stock, subject to the vesting terms of the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WEBB MICHAEL D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,518 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 26,416 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares granted: 18,518 shares
Total shares after grant: 26,416 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
Restricted shares granted
18,518 shares
Grant to director Michael D. Webb on June 1, 2026
Total shares after grant
26,416 shares
Direct holdings of Michael D. Webb following transaction
Grant price per share
$0.0000 per share
Compensation grant under 2020 Long-Term Incentive Plan
Transaction code
A (Grant, award, or other acquisition)
Indicates restricted stock award, not market purchase or sale
Key Terms
restricted stock, 2020 Long-Term Incentive Plan, vesting
3 terms
restricted stock financial
"Represents restricted stock granted to the reporting person pursuant to the Enveric Biosciences, Inc. 2020 Long-Term Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2020 Long-Term Incentive Plan financial
"pursuant to the Enveric Biosciences, Inc. 2020 Long-Term Incentive Plan, as amended"
vesting financial
"Such shares shall vest in accordance with the terms and conditions of the Plan"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Enveric Biosciences (ENVB) report for Michael D. Webb?
Enveric Biosciences reported that director Michael D. Webb received 18,518 shares of restricted common stock as a compensation grant. The award was issued at no cash cost under the company’s 2020 Long-Term Incentive Plan and is subject to vesting conditions set by that plan.
Was the Enveric Biosciences (ENVB) Form 4 transaction an open-market purchase or a stock grant?
The Form 4 reflects a stock grant, not an open-market purchase. Director Michael D. Webb received 18,518 restricted shares at a stated price of $0.0000 per share as compensation under Enveric’s 2020 Long-Term Incentive Plan, subject to standard vesting terms and conditions.
Under which plan was Michael D. Webb’s Enveric Biosciences (ENVB) stock grant made?
The restricted stock grant to Michael D. Webb was made under the Enveric Biosciences, Inc. 2020 Long-Term Incentive Plan, as amended. The plan and his restricted stock award agreement govern how and when the 18,518 granted shares will vest and become fully owned.