Enveric Biosciences, Inc.·4

Jun 3, 4:23 PM ET

DeWitt Sheila 4

Research Summary

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Updated

Enveric (ENVB) Director Sheila DeWitt Receives Restricted Stock Award

What Happened

  • Sheila DeWitt, a director of Enveric Biosciences, was granted 18,518 restricted shares on 2026-06-01. The shares were reported at $0.00 per share (acquisition code A) — a restricted stock award rather than an open-market purchase or sale. The grant is compensation-linked and will vest according to the company plan and her award agreement.

Key Details

  • Transaction date: 2026-06-01; Form 4 filed 2026-06-03 (timely filing).
  • Grant details: 18,518 shares granted at $0.00 per share (award/acquisition).
  • Shares owned after transaction: not disclosed in the provided filing excerpt.
  • Footnote: F1 — shares are restricted stock under the Enveric Biosciences, Inc. 2020 Long-Term Incentive Plan and will vest per the Plan and the reporting person's restricted stock award agreement.
  • No 10b5-1 plan, sale, tax-withholding, or exercise activity disclosed in this filing.

Context

  • Restricted stock awards are typically part of director/executive compensation and vest over time; they are not an immediate market purchase and do not by themselves signal short-term trading intent. Purchases or sales by insiders can be more informative about sentiment, while grants are primarily a form of pay and retention.