Henning Dannette 4
Research Summary
AI-generated summary
Where Food Comes From CFO Henning Dannette Receives 863-Share Award
What Happened
Henning Dannette, Chief Financial Officer of Where Food Comes From, Inc. (WFCF), received an award of 863 shares on February 23, 2026. The shares were reported as acquired at $0.00 (total reported value $0), indicating a grant or other non‑cash award rather than an open‑market purchase.
Key Details
- Transaction date: 2026-02-23
- Filing date (Form 4): 2026-02-27
- Transaction type/code: Award/Grant (code A)
- Shares acquired: 863 at $0.00 per share (total $0 reported)
- Shares owned after transaction: not specified in the public Form 4 filing
- Timeliness: Filed four days after the transaction; Form 4s are generally due within two business days, so this appears to be a late filing (administrative delay)
Context
- Awards like this are typically part of compensation (restricted stock, RSUs, or similar) and often subject to vesting and other conditions; they do not necessarily reflect immediate buying or selling intent.
- Because the reported acquisition price is $0.00, the transaction appears to be a grant rather than an open‑market purchase.
- Late filings can be administrative but may also attract SEC scrutiny or require explanatory footnotes; no explanatory footnotes were provided in the filing.