Enveric Biosciences, Inc.·4

Jun 3, 4:29 PM ET

WEBB MICHAEL D 4

Research Summary

AI-generated summary

Updated

Enveric (ENVB) Director Michael D. Webb Receives Award of 18,518 Shares

What Happened

  • Michael D. Webb, a director of Enveric Biosciences, was granted 18,518 restricted shares on 2026-06-01. The shares were reported as an award/acquisition (code A) at $0.00 per share (total reported value $0).
  • This is a restricted stock grant under the company’s long-term incentive plan, not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-06-01 (Form 4 filed 2026-06-03).
  • Transaction type/code: Award/Grant (A).
  • Shares granted: 18,518; reported acquisition price: $0.00; reported total value: $0.
  • Shares owned after the transaction: not specified in the filing.
  • Footnote: Shares are restricted stock granted under the Enveric Biosciences, Inc. 2020 Long-Term Incentive Plan and will vest according to the Plan and the reporting person’s restricted stock award agreement.
  • Timeliness: Filing appears timely (reported two days after the grant).

Context

  • Restricted stock awards typically vest over time per the award agreement; they are not immediate open-market purchases and do not by themselves signal intent to buy or sell shares.
  • For retail investors, grants to directors are common as compensation/retention tools; track vesting schedules and subsequent sales for clearer insider conviction signals.