Montesano Matthew P 4

What Happened
Matthew P. Montesano, Chief Financial Officer of Charlie's Holdings, Inc. (CHUC), acquired 100,000 shares on February 13, 2026. The Form 4 reports a purchase price of $0.20 per share, for a total cash outlay of $20,000. This was recorded as a purchase (transaction code P), which is typically viewed as a more informative signal than routine insider sales.

Key Details

• Transaction date: 2026-02-13
• Transaction type/code: Open-market or private purchase (P) — Form 4 lists "open market or private purchase"; filing does not specify which
• Shares acquired: 100,000 at $0.20 each
• Total value: $20,000
• Shares owned after transaction: Not specified in the filing
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other special footnotes indicated in the filing
• Timeliness: Filing date equals transaction date (2026-02-13), so the report appears timely

Context
This was a straightforward stock purchase, not an option exercise, award, or gift. The investment size ($20,000) is modest relative to many insider trades and does not by itself indicate a large change in ownership or control. Purchases by executives can be interpreted as a positive signal, but investors should consider company fundamentals and other disclosures before drawing conclusions.