CARROSINO MICHAEL 4
4 · Heritage Distilling Holding Company, Inc. · Filed May 27, 2025
Insider Transaction Report
Form 4
CARROSINO MICHAEL
EVP of Finance & CFO
Transactions
- Exercise/Conversion
Common Stock
2025-05-22$0.53/sh+422,437$223,892→ 424,937 total - Exercise/Conversion
Restricted Stock Units
2025-05-22−422,437→ 0 total→ Common Stock (422,437 underlying) - Award
Restricted Stock Units
2025-05-22+304,798→ 304,798 total→ Common Stock (304,798 underlying) - Award
Restricted Stock Units
2025-05-22+117,639→ 422,437 total→ Common Stock (117,639 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock.
- [F2]The RSUs vested in full immediately upon grant on May 22, 2025.
- [F3]The reporting person was awarded the RSUs on November 25, 2024, subject to approval by the issuer's board of directors. The RSUs were formally granted on May 22, 2025, following such board approval.