Lerman Michael Stuart 4
Research Summary
AI-generated summary
Healthy Choice (HCWC) Director Michael Lerman Receives 237,500 Shares
What Happened
- Michael Stuart Lerman, a director of Healthy Choice Wellness Corp. (HCWC), had 237,500 restricted stock awards vest effective June 2, 2026. The Form 4 reports the shares as acquired at $0.00 (transaction code A — award/grant). This is a vesting/award event, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-06-02; reported acquisition price: $0.00; transaction code: A (award/vesting).
- Shares acquired: 237,500 restricted shares vested (footnote F1 confirms vesting per award agreements).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing date: 2026-06-04 — appears timely (Form 4 is generally due within two business days).
- No tax withholding, sale, or 10b5-1 plan referenced in the provided information.
Context
- These were restricted stock awards that vested (became owned by the director); such vesting is typically part of compensation and is not the same as a market buy or sell.
- The Form 4 reports an acquisition price of $0 for the vesting; it does not state the market value of the shares or any immediate sale. This type of filing documents ownership changes but does not, by itself, indicate the insider’s market view.