BREEN NICOLE M 4

What Happened

• Nicole M. Breen, reported as a 10% owner of WEED, Inc. (ticker BUDZ), sold a total of 240,605 shares in multiple open-market/private sale transactions between 2026-01-22 and 2026-02-12. The shares were sold at prices of $0.03–$0.04 per share for aggregate gross proceeds of approximately $8,463. These were sales (not purchases or awards), which are often routine liquidity events rather than a direct indicator of company performance.

Key Details

• Dates and transactions:
  • 2026-01-22: sold 38,000 shares @ $0.04 — $1,596
  • 2026-02-02: sold 31,625 shares @ $0.04 — $1,107
  • 2026-02-03: sold 40,000 shares @ $0.03 — $1,340
  • 2026-02-04: sold 58,980 shares @ $0.04 — $2,094
  • 2026-02-11: sold 37,000 shares @ $0.03 — $1,188
  • 2026-02-12: sold 35,000 shares @ $0.03 — $1,138
• Total sold: 240,605 shares for about $8,463 in gross proceeds.
• Shares owned after transaction: not specified in the filing.
• Notable facts: Breen is reported as a 10% owner. Transactions are listed as open-market or private sales (code S). No 10b5-1 plan, tax-withholding, or other footnotes were provided in the summary data.
• Filing date and timeliness: Form 4 was filed 2026-02-24 and covers trades from 2026-01-22 to 2026-02-12. Form 4s are generally due within two business days of the transaction; this filing covers earlier trades and may be later than the typical reporting window.

Context

• As a 10% owner (significant shareholder), Breen’s sales reflect disposition of personal holdings rather than an operational action by company management. Sales by large shareholders can be for many reasons (liquidity, portfolio management, etc.) and should not be interpreted alone as a signal about company fundamentals.