Wolinsky Scott 4

What Happened

Scott Wolinsky, listed as a 10% owner of Edible Garden AG Inc. (EDBL), acquired 150,000 shares on June 5, 2026. The transaction was reported as a purchase (code P) at $0.19 per share for a total cash outlay of $29,100. A purchase is generally a more informative insider move than a routine sale, but it does not itself explain motivation.

Key Details

• Transaction date and price: 2026-06-05 — 150,000 shares at $0.19 each.
• Total value: $29,100.
• Transaction type: Open market or private purchase (Form 4 code P).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other special footnotes noted in the supplied data.
• Filing timeliness: Form filed with a report date of 2026-06-05; appears to have been reported on the same date.

Context

As a 10% owner, Wolinsky is a significant shareholder (not necessarily an executive). Purchases by large shareholders can indicate increased conviction, but they should be considered alongside other information (company fundamentals, size of stake, prior trading). This single purchase is modest in dollar terms; retail investors should combine this signal with other research before drawing conclusions.