HCWC (HCWC) director Lerman gains 12,500 vested restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HEALTHY CHOICE WELLNESS CORP. director Michael Stuart Lerman reported acquiring 12,500 shares of Class A Common Stock as a restricted stock award that vested on May 25, 2026. The award was granted at no cash cost per share as part of his equity compensation.
Following this vesting event, Lerman holds 62,500 shares of common stock directly. Footnotes state he also has 150,000 unvested restricted shares from a November 12, 2025 grant and 87,500 unvested restricted shares from a February 25, 2026 grant, both vesting in scheduled quarterly installments and fully vesting upon certain change of control events.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
Lerman Michael Stuart
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 12,500 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 62,500 shares (Direct, null)
Footnotes (1)
- Restricted stock award of 12,500 shares vested on May 25, 2026. Registrant's holdings include (a) 62,500 shares of common stock held directly, (b) 150,000 unvested shares of restricted common stock granted on November 12, 2025, which is a time-based restricted stock award that vests in eight equal quarterly installments of 25,000 shares with next vesting on August 12, 2026, and (c) 87,500 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 12,500 shares with next vesting occurring 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
Restricted stock vested: 12,500 shares
Direct holdings after transaction: 62,500 shares
Unvested restricted stock grant 1: 150,000 shares
+2 more
5 metrics
Restricted stock vested
12,500 shares
Restricted stock award vested on May 25, 2026
Direct holdings after transaction
62,500 shares
Class A Common Stock held directly after vesting
Unvested restricted stock grant 1
150,000 shares
Granted November 12, 2025; vests in eight equal quarterly installments
Unvested restricted stock grant 2
87,500 shares
Granted February 25, 2026; vests in eight equal quarterly installments
Next vesting dates
August 12 and 25, 2026
Next quarterly vesting dates for the two restricted awards
Key Terms
Restricted stock award, time-based restricted stock award, quarterly installments, change of control events
4 terms
Restricted stock award financial
"Restricted stock award of 12,500 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 eight equal quarterly installments"
quarterly installments financial
"that vests in eight equal quarterly installments of 25,000 shares"
change of control events financial
"The Restricted Stock will immediately vest upon the occurrence of certain change of control events"
FAQ
What insider transaction did HCWC director Michael Lerman report?
Director Michael Lerman reported the vesting of a 12,500 share restricted stock award on May 25, 2026. The shares were acquired at no cash cost as equity compensation, increasing his directly held Class A Common Stock position.
Was Michael Lerman’s HCWC transaction an open-market buy or sale?
The transaction was not an open-market buy or sale; it was a restricted stock award vesting. Lerman acquired 12,500 shares at a stated price of $0.0000 per share as part of his equity compensation package.
What unvested restricted stock awards does Michael Lerman hold in HCWC?
Lerman holds 150,000 unvested restricted shares from a November 12, 2025 grant and 87,500 unvested restricted shares from a February 25, 2026 grant. Both awards vest in eight equal quarterly installments according to the disclosed schedules.
When do Michael Lerman’s HCWC restricted stock awards vest next?
The 150,000 share grant vests in eight equal quarterly tranches, with the next vesting on August 12, 2026. The 87,500 share grant also vests quarterly, with its next vesting scheduled for August 25, 2026, based on the disclosed terms.
What happens to Michael Lerman’s HCWC restricted stock upon a change of control?
The filing states that all of Lerman’s restricted stock will immediately vest upon certain change of control events. These triggering events are defined in his Restricted Stock Award Agreements, which govern accelerated vesting under those circumstances.