HCWC (HCWC) CFO Ollet John gains 73,640 vested restricted shares in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HEALTHY CHOICE WELLNESS CORP. director and CFO Ollet John acquired 73,640 shares of Class A common stock through a restricted stock award that vested on May 25, 2026 at no cost. Following this vesting, he holds 551,817 shares directly, plus substantial additional unvested restricted stock subject to multi‑year quarterly vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ollet John
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 73,640 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 551,817 shares (Direct, null)
Footnotes (1)
- Restricted stock award of 73,640 shares vested on May 25, 2026 Registrant's holdings include (a) 551,817 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
Restricted shares vested: 73,640 shares
Shares after transaction: 551,817 shares
Unvested restricted stock (Nov 2025 grant): 300,000 shares
+4 more
7 metrics
Restricted shares vested
73,640 shares
Restricted stock award vested on May 25, 2026
Shares after transaction
551,817 shares
Direct common stock holdings following vesting
Unvested restricted stock (Nov 2025 grant)
300,000 shares
Granted November 12, 2025; time-based vesting
Unvested restricted stock (Feb 2026 grant)
515,476 shares
Granted February 25, 2026; time-based vesting
Quarterly vesting tranche size (Feb 2026 grant)
73,640 shares
Eight equal quarterly installments; next vesting August 25, 2026
Quarterly vesting tranche size (Nov 2025 grant)
50,000 shares
Six quarterly installments; next vesting August 12, 2026
Per-share transaction price
$0.0000 per share
Reported for the 73,640-share restricted stock vesting
Key Terms
restricted stock award, time-based restricted stock award, quarterly installments, change of control events, +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"
quarterly installments financial
"vests in six quarterly installments of 50,000 shares with next vesting on August 12, 2026"
change of control events financial
"The Restricted Stock will immediately vest upon the occurrence of certain change of control events"
Restricted Stock Award Agreements financial
"set forth in the Reporting Person's Restricted Stock Award Agreements"
FAQ
What insider transaction did HCWC CFO Ollet John report on this Form 4?
HCWC CFO and director Ollet John reported acquiring 73,640 shares of Class A common stock. The shares came from a restricted stock award that vested on May 25, 2026, rather than from any open-market purchase, reflecting compensation-related equity vesting.
What additional unvested HCWC restricted stock does Ollet John hold?
Footnotes state he holds 300,000 unvested restricted shares from a November 12, 2025 grant and 515,476 unvested restricted shares from a February 25, 2026 grant. These time-based awards vest in specified quarterly installments under their respective schedules.
How do the HCWC restricted stock awards for Ollet John vest over time?
The 300,000-share grant vests in six quarterly installments of 50,000 shares, with the next vesting on August 12, 2026. The 515,476-share grant vests in eight equal quarterly installments of 73,640 shares, with the next vesting on August 25, 2026, per the footnotes.
What happens to Ollet John’s HCWC restricted stock on a change of control event?
Footnotes explain that the restricted stock will immediately vest upon certain change of control events described in his Restricted Stock Award Agreements. This means specified corporate transactions could accelerate vesting, removing the remaining time-based vesting schedule conditions.
Was the HCWC Form 4 transaction an open-market purchase by Ollet John?
No, the Form 4 reflects a grant or award acquisition, not an open-market purchase. The 73,640 shares came from a restricted stock award vesting at a reported price of $0.0000 per share, consistent with compensation rather than a cash-funded market transaction.