HCWC (HCWC) president gains 73,640 vested shares and holds 753,128 total
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HEALTHY CHOICE WELLNESS CORP. President Christopher Santi reported an acquisition of Class A common stock through equity compensation rather than market buying. A restricted stock award of 73,640 shares vested on May 25, 2026, increasing his directly held common stock to 753,128 shares.
In addition to these vested shares, his reported holdings include 300,000 unvested restricted shares granted on November 12, 2025, which vest in six quarterly installments of 50,000 shares, and 515,476 unvested restricted shares granted on February 25, 2026, which vest in eight quarterly installments of 73,640 shares. The filing notes that all these restricted shares would fully vest upon certain change of control events set out in his award agreements.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Santi Christopher
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 73,640 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 753,128 shares (Direct, null)
Footnotes (1)
- Restricted stock award of 73,640 shares vested on May 25, 2026 Registrant's holdings include (a) 753,128 shares of common stock held directly, (b) 300,000 unvested shares of restricted common stock granted on November 12, 2025, which is a time-based restricted stock award that vests in six quarterly installments of 50,000 shares with next vesting on August 12, 2026 and (c) 515,476 unvested shares of restricted common stock granted on February 25, 2026, which is a time-based restricted stock award that vests in eight equal quarterly installments of 73,640 shares with next vesting on August 25, 2026.The Restricted Stock will immediately vest upon the occurrence of certain change of control events set forth in the Reporting Person's Restricted Stock Award Agreements.
Key Figures
Vested restricted shares: 73,640 shares
Shares held after transaction: 753,128 shares
Unvested award (Nov 12, 2025 grant): 300,000 shares
+3 more
6 metrics
Vested restricted shares
73,640 shares
Restricted stock award vested on May 25, 2026
Shares held after transaction
753,128 shares
Direct common stock holdings following vesting
Unvested award (Nov 12, 2025 grant)
300,000 shares
Time-based restricted stock, six quarterly installments of 50,000
Unvested award (Feb 25, 2026 grant)
515,476 shares
Time-based restricted stock, eight quarterly installments of 73,640
Next vesting date (300,000 award)
August 12, 2026
Next 50,000-share installment
Next vesting date (515,476 award)
August 25, 2026
Next 73,640-share installment
Key Terms
Restricted stock award, time-based restricted stock award, vests in six quarterly installments, vests in eight equal quarterly installments, +1 more
5 terms
Restricted stock award financial
"Restricted stock award of 73,640 shares vested on May 25, 2026"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
time-based restricted stock award financial
"which is a time-based restricted stock award that vests in six quarterly installments"
vests in six quarterly installments financial
"vests in six quarterly installments of 50,000 shares with next vesting on August 12, 2026"
vests in eight equal quarterly installments financial
"vests in eight equal quarterly installments of 73,640 shares with next vesting on August 25, 2026"
change of control events financial
"will immediately vest upon the occurrence of certain change of control events set forth"
FAQ
What insider transaction did HCWC President Christopher Santi report?
Christopher Santi reported acquiring Class A common stock through equity compensation, not a market purchase. A restricted stock award of 73,640 shares vested on May 25, 2026, increasing his directly held common stock position to 753,128 shares according to the Form 4 filing.
What restricted stock awards for HCWC does Christopher Santi still have unvested?
Santi’s reported unvested restricted stock includes 300,000 shares granted on November 12, 2025 and 515,476 shares granted on February 25, 2026. Both are time-based restricted stock awards that vest in quarterly installments over future periods described in the filing.
When will Christopher Santi’s HCWC restricted stock awards vest in the future?
The 300,000-share restricted award vests in six quarterly installments of 50,000 shares, with the next vesting on August 12, 2026. The 515,476-share award vests in eight quarterly installments of 73,640 shares, with the next vesting on August 25, 2026.
Did the HCWC Form 4 show open-market buying or selling by Christopher Santi?
The Form 4 shows an acquisition coded as a grant or award of shares, not open-market buying or selling. The 73,640 shares reflect a restricted stock award vesting, so no purchase price was paid and no sale proceeds were reported in this transaction.
What happens to Christopher Santi’s HCWC restricted stock in a change of control?
The filing states that his restricted stock will immediately vest upon certain change of control events described in his Restricted Stock Award Agreements. This means unvested restricted shares could fully vest if specific corporate change of control conditions are met.