Holman Jeffrey Elliot 4
Research Summary
AI-generated summary
Healthy Choice Wellness (HCWC) CEO Jeffrey Holman Receives 98,186-Share Award
What Happened Jeffrey (Jeff) Holman, CEO of Healthy Choice Wellness Corp. (HCWC), reported an acquisition (code A) on May 25, 2026: 98,186 restricted common shares vested and converted to his ownership. The shares were issued/vested at $0.00 per share (total reported acquisition value $0) as a time‑based restricted stock award.
Key Details
- Transaction date: May 25, 2026 (Form 4 filed May 27, 2026; within the two-business-day reporting window).
- Transaction type/code: Award/vesting (A) — restricted stock award vested.
- Shares vesting: 98,186 shares at $0.00 per share (no cash exchanged).
- Holdings after vesting (per filing footnotes):
- 1,475,784 shares held directly (1,377,598 prior direct + 98,186 vested),
- 600,000 unvested shares from Nov 12, 2025 (time-based; vests in six quarterly installments of 100,000; next vesting Aug 12, 2026),
- 589,115 remaining unvested shares from Feb 25, 2026 (originally 687,301; vest in eight quarterly installments of ~98,186; next vesting Aug 25, 2026).
- Total beneficial position after this vesting: 2,664,899 shares (direct + unvested).
- Notable terms: The restricted stock awards include change-of-control provisions that could cause immediate vesting on defined events.
- Filing timeliness: Reported two days after the vesting date (timely).
Context This filing reports a scheduled vesting of previously granted restricted stock (compensation), not an open‑market purchase or sale. Such vesting increases the insider’s directly held shares but does not represent a market trade signal by itself.