Chan Patty 4

What Happened

• Patty Chan, Chief Financial Officer of Blum Holdings, was issued 30,612 shares on December 31, 2025 as compensation. The shares were granted to satisfy $30,000 of consulting fees at an implied price of $0.98 per share (Transaction code A — award/grant).

Key Details

• Transaction date and price: December 31, 2025 at an implied price of $0.98 per share.
• Shares/Value: 30,612 shares, total value reported as $30,000.
• Footnote: The filing states the shares were issued to satisfy $30,000 of consulting compensation (Footnote F1).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Timeliness: Form 4 was filed January 27, 2026 for a December 31, 2025 transaction — the filing was submitted well after the standard two-business-day reporting window.

Context

• This was a compensation grant (payment in stock for consulting services), not an open-market purchase or sale. Such awards are routine forms of non-cash compensation and do not necessarily signal the insider’s personal buying or selling intent.