Osborn Michael Jordan 4

What Happened Michael Osborn, CEO of Willamette Valley Vineyards (WVVI), was granted 15,000 unrestricted shares of common stock on August 17, 2025. The award is reported as an acquisition (grant) and no per-share price or total dollar value is provided on the Form 4.

Key Details

• Transaction date: August 17, 2025 (Form 4 filed March 19, 2026).
• Transaction type/code: Award/Grant (A) — unrestricted common stock under the Willamette Valley Vineyards, Inc. 2025 Omnibus Equity Incentive Plan (Footnote F1).
• Number of shares granted: 15,000; price/value: N/A (not reported on the Form 4).
• Post-transaction holdings: Not explicitly stated on this Form 4. Footnote F2 notes the reporting person acquired an additional 5,000 shares after Aug 17, 2025 (reported on separate Form 4s filed Aug 25, 2025 and Dec 16, 2025).
• Filing timing: The Form 4 was filed on March 19, 2026, more than six months after the Aug 17, 2025 transaction (the filing does not explain the delayed report).

Context This was a stock award (not an option exercise or an open-market buy/sell). Because the shares are described as "unrestricted," they appear to be immediate equity rather than time-vested or subject to continued service conditions (per Footnote F1). The Form 4 does not state a dollar value for the grant; that information may appear in proxy materials or company disclosures. The delayed filing means the market learned of the grant months after the award date.