Wilson Kevin John 4

What Happened

• Kevin John Wilson, Chief Financial Officer of Leef Brands Inc. (LEEEF), reported two acquisitions on 2026-05-18. He purchased 54,348 shares at $0.25 per share for a cash outlay of $13,587. The filing also shows a second acquisition of 54,348 shares reported as a derivative transaction with a reported price of $0.00 (no cash consideration).
• The primary reported transaction is a purchase (insider buy), which investors often view as a more informative signal than routine sales. The purchase size and dollar value are modest.

Key Details

• Transaction date: 2026-05-18
• Reported filing date: 2026-05-21 (filed 3 days after the transaction; Form 4s are normally due within two business days, so this appears to be a late filing)
• Purchases: 54,348 shares @ $0.25 = $13,587 (code P)
• Derivative acquisition: 54,348 shares @ $0.00 = $0 (reported as a derivative acquisition)
• Shares owned after transaction: not specified in the provided filing
• Notes: Transactions reported as "P" indicate purchases; the $0.00 derivative line indicates shares acquired without cash consideration (e.g., conversion/settlement of a derivative), but the filing does not detail the mechanism.

Context

• This is a small insider purchase in dollar terms, suggesting limited financial exposure. Purchases are generally considered a stronger signal than sales, but size and timing matter. The derivative line should be interpreted cautiously—the filing records the acquisition but does not explain the underlying reason (exercise, conversion, award settlement, etc.). The apparent late filing is worth noting for investors tracking insider reporting timeliness.