Healthy Choice Wellness (HCWC) CFO awarded 400,000 restricted Class A shares
Rhea-AI Filing Summary
Healthy Choice Wellness Corp. reported an equity award to a senior executive. Director and Chief Financial Officer John Ollet reported holdings of 378,177 shares of Class A common stock held directly. In addition, he was granted 400,000 restricted shares of Class A common stock as a derivative security at an exercise price of
The restricted stock is scheduled to vest in eight equal quarterly installments, starting on
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FAQ
What insider transaction did HCWC disclose in this Form 4?
The filing shows that Director and Chief Financial Officer John Ollet reported ownership of 378,177 shares of Class A common stock and a new grant of 400,000 restricted shares of Class A common stock as a derivative security.
How many HCWC restricted shares were granted to John Ollet and at what price?
John Ollet received 400,000 restricted shares of Class A common stock with a conversion or exercise price of
When do John Ollet’s HCWC restricted shares start vesting and when are they fully vested?
The restricted stock begins vesting on February 13, 2026 and then vests quarterly on each May 13, August 13, and November 13, becoming fully vested on November 13, 2027.
How are the HCWC restricted shares vesting structured for John Ollet?
The award vests in eight equal quarterly installments, with each installment vesting on specified dates from
Does the HCWC restricted stock grant to John Ollet have change of control protection?
Yes. The filing states that the restricted stock will immediately vest upon certain change of control events described in John Ollet’s Restricted Stock Award Agreement.
What is John Ollet’s role at Healthy Choice Wellness Corp. (HCWC)?
John Ollet is identified as both a Director and an Officer, serving as the company’s Chief Financial Officer.
How many derivative securities in HCWC does John Ollet own after this transaction?
Following the reported grant, John Ollet beneficially owns 400,000 derivative securities in the form of restricted shares of Class A common stock, held directly.