1847 Holdings (LBRA) COO Eric Vandam Receives 1.42M Share Award

What Happened

• Eric Vandam, Chief Operating Officer of 1847 Holdings LLC (LBRA), received an award of 1,416,788 derivative shares on August 17, 2026. The reported acquisition price is $0.00, indicating these were issued as an award/compensation rather than a purchase.

Key Details

• Transaction date: 2026-08-17; Form 4 filed: 2026-08-19 (appears timely—filed two days after the transaction).
• Transaction type/code: Award/Grant (code A); derivative securities were acquired.
• Shares involved: 1,416,788 shares acquired at $0.00 (no cash paid).
• Shares owned after transaction: Not specified in the reported filing.
• Footnotes/plan references: The filing reports an award; it does not indicate an exercise, sale, tax withholding, or a 10b5-1 plan in the reported entry.

Context

• This was an award of derivative securities (likely RSUs or similar compensation units) issued at no cash cost to the insider; such awards are typically compensation-related and do not directly signal a market purchase by the insider. As always, awards can be subject to vesting or other conditions not detailed in the single-line transaction report.