Curtis Cassandra Nicole 4
4 · Once Upon a Farm, PBC · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Once Upon a Farm (OFRM) — Curtis Cassandra Nicole Receives Awards
What Happened
Curtis Cassandra Nicole, Chief Innovation Officer and Director of Once Upon a Farm (OFRM), received equity awards and had derivative positions settled in connection with the company's initial public offering. The filing shows grants of 8,601 RSUs on 2026-02-05 and 6,077 RSUs on 2026-02-09 (both reported with $0.00 per-share acquisition price), and a disposition to the issuer of 37,400 derivative shares on 2026-02-09. The disposition is reported as a derivative transaction (no share sale price shown in the excerpt); a footnote states the reporting person’s stock appreciation rights (SARs) fully vested and were settled in cash in connection with the IPO.
Key Details
- Transaction dates: 2026-02-05 (grant of 8,601 RSUs), 2026-02-09 (grant of 6,077 RSUs; disposition of 37,400 derivative shares). Report filed 2026-02-09.
- Prices/values shown: RSU grants recorded at $0.00 per share (typical for awards). Disposition listed as N/A; cash settlement amount for SARs is not provided in the filing excerpt.
- Shares acquired via award: total 14,678 RSUs. Shares disposed (derivative): 37,400.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Relevant footnotes: F1 = RSUs granted with vesting schedule (25% after 1 year, remainder over three years); F2 = SARs fully vested and were settled in cash equal to (IPO price - exercise price) × number of underlying shares; F3 = stock options granted with a similar 25%/monthly schedule.
- No 10b5-1 plan, tax-withholding details, or late-filing flag shown in the provided excerpt.
Context
These transactions are largely compensation-related and IPO-related settlements rather than open-market purchases or discretionary sales. The RSU and option grants represent future vesting tied to continued service (see footnotes for schedules). The SAR disposition reflects a cash settlement tied to the IPO pricing, not an immediate public-market sale of shares. For retail investors, compensation awards and IPO-related settlements are routine corporate events and do not necessarily signal the insider’s ongoing buying or selling intent.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-09+6,077→ 425,612 total - Disposition to Issuer
Stock Appreciation Rights
[F2]2026-02-09−37,400→ 0 totalExercise: $19.58→ Common Stock (37,400 underlying) - Award
Employee Stock Options (right to buy)
[F3]2026-02-05+8,601→ 8,601 totalExercise: $18.00Exp: 2036-02-05→ Common Stock (8,601 underlying)
Footnotes (3)
- [F1]In connection with the closing of the initial public offering of Once Upon a Farm, PBC (the "Issuer"), the reporting person was granted restricted stock units, which vest 25% on the first anniversary of the closing of the initial public offering and the remaining 75% annually thereafter in three equal installments, in each case, subject to the reporting person's continued service with the Issuer through such dates.
- [F2]In connection with the closing of the Issuer's initial public offering, each stock appreciation right ("SAR") held by the reporting person fully vested and was settled in cash in an amount equal to the product of (i) (A) the initial public offering price less (B) its exercise price, multiplied by (ii) the number of shares of common stock underlying the SAR.
- [F3]In connection with the pricing of the Issuer's initial public offering, the reporting person was granted stock options, which will vest 25% on the first anniversary of the pricing date of the initial public offering and the remaining 75% annually thereafter in three equal installments, in each case, subject to the reporting person's continued service with the Issuer through such dates.