Results

Charlotte's Web Holdings Inc.

04/14/2026 | Press release | Distributed by Public on 04/14/2026 10:30

Initial Statement of Beneficial Ownership (Form 3)

FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden hours per response... 0.5
(Print or Type Responses)
1. Name and Address of Reporting Person *
Garrison Mindy Beth
2. Date of Event Requiring Statement (Month/Day/Year)
04/06/2026
3. Issuer Name and Ticker or Trading Symbol
Charlotte's Web Holdings, Inc. [CWBHF]
(Last) (First) (Middle)
700 TECH CT, C/O CHARLOTTE'S WEB HOLDINGS, INC.
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CPO & Corporate Secretary
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
LOUISVILLE, CO 80027
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Shares 211,934 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) 04/01/2024(1) 04/01/2033 Common Shares 51,245 $0.32 D
Stock Option (right to buy) 02/11/2023(2) 02/11/2032 Common Shares 37,500 $1.56 D
Stock Option (right to buy) 08/08/2023(3) 08/08/2032 Common Shares 166,667 $0.6 D
Restricted Stock Unit (4) (4) Common Shares 401,677 (5) D
Restricted Stock Unit (6) (6) Common Shares 28,305 (5) D
Restricted Stock Unit (7) (7) Common Shares 79,899 (5) D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Garrison Mindy Beth
700 TECH CT
C/O CHARLOTTE'S WEB HOLDINGS, INC.
LOUISVILLE, CO 80027
CPO & Corporate Secretary

Signatures

/s/ Nathan Gerhardt, Attorney in Fact for Mindy B. Garrison 04/14/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The option agreement provides that the option becomes exercisable in 3 equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on 04/01/2023. All options are currently vested.
(2) The option agreement provides that the option becomes exercisable in 3 equal annual installments beginning on the first anniversary of the option's grant date. The option was granted on 02/11/2022. All options are currently vested.
(3) The option agreement provides that the option becomes exercisable in 1 annual installment on 08/08/2023. The option was granted on 08/08/2022. The option is currently vested.
(4) The restricted stock unit agreement provides that the restricted stock unit vests in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 04/01/2026.
(5) Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
(6) The restricted stock unit agreement provides that the restricted stock unit vests in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 04/01/2024.
(7) The restricted stock unit agreement provides that the restricted stock unit vests in 3 equal annual installments beginning on the first anniversary of the restricted stock unit's grant date. The restricted stock unit was granted on 04/01/2025.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
Charlotte's Web Holdings Inc. published this content on April 14, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 14, 2026 at 16:30 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]