Wolinsky Scott 4

What Happened

• Scott Wolinsky, a reported 10% owner of Edible Garden AG Inc. (EDBL), executed a mix of open‑market trades: he purchased 150,000 shares on 2026-05-27 at $0.27 ($40,500) and later sold 400,000 shares on 2026-06-01 at $0.22 ($88,000) and 500,000 shares on 2026-06-03 at $0.21 ($105,000). Total gross proceeds from the two sales were $193,000; net of the May purchase, the trades represent a net sale of 750,000 shares and net cash proceeds ≈ $152,500.
• The May trade was a purchase (commonly viewed as more informative/bullish), while the June trades were sales (often routine liquidity or portfolio moves). All transactions are reported as open market/private transactions.

Key Details

• Dates & prices:
  • 2026-05-27: Buy 150,000 @ $0.27 — $40,500
  • 2026-06-01: Sell 400,000 @ $0.22 — $88,000
  • 2026-06-03: Sell 500,000 @ $0.21 — $105,000
• Net position change reported here: net sale of 750,000 shares (900,000 sold less 150,000 bought).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Filing timeliness: the report was filed 2026-06-03 covering a 2026-05-27 purchase — that May 27 trade appears to be reported after the standard two‑business‑day Form 4 window and may be late; the June trades were reported on the filing date.
• No footnotes (10b5-1, tax withholding, or exercise mechanics) were provided in the data supplied.

Context

• As a 10% owner (not an executive officer), Wolinsky’s trades are required to be reported but reflect beneficial-owner activity rather than executive compensation or option exercises.
• Purchases can be more informative about insider sentiment than routine sales; here the single small May purchase was followed by substantially larger June sales, resulting in a sizable net reduction in beneficially held shares. The filing provides transaction facts but does not state the insider’s reasons.