King Michael D 4

What Happened
Michael D. King, a director of Charlie's Holdings, Inc. (CHUC), reported a purchase of 500,000 common shares on February 13, 2026. The transaction was recorded at $0.20 per share, for a total reported outlay of $100,000. This was a purchase (reported as code "P"), which is generally considered a more informative (potentially bullish) insider action than a routine sale, though the filing does not state the insider's motivation.

Key Details

• Transaction date: 2026-02-13
• Transaction type/code: Purchase (P); described as an open market or private purchase
• Price per share: $0.20
• Shares acquired: 500,000
• Total value: $100,000
• Shares owned after transaction: Not specified in the available Form 4 filing
• Footnotes/plan: No 10b5‑1 plan, tax withholding, or other special footnotes noted in the reported transaction
• Filing timeliness: Reported on 2026-02-13 (same day as the transaction)

Context
Insider purchases can signal confidence by company insiders, but they do not guarantee future performance. Because the filing does not disclose post-transaction ownership or any trading plan, investors should treat this as one data point and consider broader fundamentals and filings before drawing conclusions.