cbdMD director granted 1,572 restricted stock units
Porter Jeffrey H reported acquisition or exercise transactions in this Form 4 filing. cbdMD, Inc. director Jeffrey H. Porter reported receiving a grant of 1,572 restricted stock units of common stock on April 14, 2026 as compensation for his Board service.
Rhea-AI Filing Summary
Porter Jeffrey H reported acquisition or exercise transactions in this Form 4 filing.
cbdMD, Inc. director Jeffrey H. Porter reported receiving a grant of 1,572 restricted stock units of common stock on April 14, 2026 as compensation for his Board service. After this award, he directly holds 3,144 common shares and also controls sizable indirect holdings through several related entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,572 shares
Grant/Award
5 txns
Insider
Porter Jeffrey H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,572 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,144 shares (Direct);
Common Stock — 465,955 shares (Indirect, By Porter Partners L.P.);
Common Stock — 61,750 shares (Indirect, By Ben Joseph Partners);
Common Stock — 41,275 shares (Indirect, By Jeff Porter IRA-Beneficiary);
Common Stock — 4,550 shares (Indirect, By Beneficiary of Trust)
Footnotes (2)
- F1. Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant was exempt from Section 16(b) under the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder as it was approved in advance by the Issuer's Compensation, Corporate Governance and Nominating Committee, which is comprised of three non-employee directors. The restricted stock units vest quarterly on June 30, 2026, September 30, 2026, December 31, 2026 and March 31, 2027. The restricted stock units were issued under the 2021 or 2025 Equity Compensation Plan as compensation to the Reporting Person for services on the Issuer's Board of Directors.
- F2. Represents shares of common stock held by an entity for which the Reporting Person holds voting and dispositive control.
Key Figures
RSUs granted: 1,572 units
Direct shares after grant: 3,144 shares
Porter Partners L.P. indirect holding: 465,955 shares
+3 more
6 metrics
RSUs granted
1,572 units
Restricted stock units granted on April 14, 2026
Direct shares after grant
3,144 shares
Common stock directly held by Jeffrey H. Porter after transaction
Porter Partners L.P. indirect holding
465,955 shares
Common stock held indirectly via Porter Partners L.P.
Ben Joseph Partners indirect holding
61,750 shares
Common stock held indirectly via Ben Joseph Partners
IRA beneficiary indirect holding
41,275 shares
Common stock held indirectly via Jeff Porter IRA-Beneficiary
Trust beneficiary indirect holding
4,550 shares
Common stock held indirectly via Beneficiary of Trust
Key Terms
restricted stock units, Section 16(b), Rule 16b-3, Equity Compensation Plan, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Section 16(b) regulatory
"The grant was exempt from Section 16(b) under the Securities Exchange Act of 1934"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3 regulatory
"by virtue of Rule 16b-3 promulgated thereunder as it was approved in advance"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
Equity Compensation Plan financial
"The restricted stock units were issued under the 2021 or 2025 Equity Compensation Plan"
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
dispositive control financial
"held by an entity for which the Reporting Person holds voting and dispositive control"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did cbdMD (YCBD) director Jeffrey Porter report?
Director Jeffrey H. Porter reported receiving 1,572 restricted stock units of cbdMD common stock. These units were granted as compensation for his Board service and increase his directly held position to 3,144 shares, alongside substantial indirectly held shares through affiliated entities.
How are Jeffrey Porter’s cbdMD (YCBD) indirect holdings structured?
Jeffrey Porter has indirect cbdMD holdings through several entities, including 465,955 shares held by Porter Partners L.P. and additional blocks held by Ben Joseph Partners, his IRA beneficiary account, and a trust beneficiary account, over which he has voting and dispositive control.
When do Jeffrey Porter’s newly granted cbdMD (YCBD) restricted stock units vest?
The 1,572 restricted stock units granted to Jeffrey Porter vest in four quarterly installments. Vesting dates are June 30, 2026, September 30, 2026, December 31, 2026, and March 31, 2027, aligning the compensation with his continued Board service over that period.
Under what plan were Jeffrey Porter’s cbdMD (YCBD) restricted stock units granted?
The restricted stock units were issued under cbdMD’s 2021 or 2025 Equity Compensation Plan. They were granted as compensation for Porter’s service on the Board and were approved by the Compensation, Corporate Governance and Nominating Committee of non-employee directors.
Was Jeffrey Porter’s cbdMD (YCBD) grant treated as a market purchase?
No, the Form 4 labels the transaction with code A, indicating a grant or award. The footnote explains these are restricted stock units granted as Board compensation, exempt from Section 16(b) under Rule 16b-3, rather than an open-market share purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.
