Jeffrey H. Porter - 06 May 2025 Form 4 Insider Report for cbdMD, Inc. (YCBD)

Role
Director
Signature
/s/ Jeffrey H. Porter
Issuer symbol
YCBD
Transactions as of
06 May 2025
Net transactions value
$0
Form type
4
Filing time
08 May 2025, 16:14:22 UTC
Previous filing
24 Apr 2025
Next filing
20 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Porter Jeffrey H Director 2101 WESTINGHOUSE BLVD. SUITE A, CHARLOTTE /s/ Jeffrey H. Porter 08 May 2025 0002065626

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YCBD Common Stock Conversion of derivative security +465,955 465,955 06 May 2025 By Porter Partners L.P. F1, F2, F4
transaction YCBD Common Stock Conversion of derivative security +61,750 61,750 06 May 2025 By Ben Joseph Partners F1, F2, F4
transaction YCBD Common Stock Conversion of derivative security +41,275 41,275 06 May 2025 By Jeff Porter IRA- Beneficiary F1, F2, F4
transaction YCBD Common Stock Conversion of derivative security +4,550 4,550 06 May 2025 By Beneficiary of Trust F1, F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction YCBD 8% Series A Cumulative Convertible Preferred Stock Conversion of derivative security -286,741 -100% 0 06 May 2025 Common Stock 465,955 By Porter Partners L.P. F1, F2, F3, F4
transaction YCBD 8% Series A Cumulative Convertible Preferred Stock Conversion of derivative security -38,000 -100% 0 06 May 2025 Common Stock 61,750 By Ben Joseph Partners F1, F2, F3, F4
transaction YCBD 8% Series A Cumulative Convertible Preferred Stock Conversion of derivative security -25,400 -100% 0 06 May 2025 Common Stock 41,275 By Jeff Porter IRA- Beneficiary F1, F2, F3, F4
transaction YCBD 8% Series A Cumulative Convertible Preferred Stock Conversion of derivative security -2,000 -100% 0 06 May 2025 Common Stock 4,550 By Beneficiary of Trust F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 8% Series A Cumulative Convertible Preferred Stock (the "Preferred Stock") automatically converted into shares of common stock without any action on the part of the Reporting Person. The automatic conversion converts each share of the Preferred Stock into thirteen shares of the Company's common stock on May 6, 2025 at 4:01 p.m. Eastern Time.
F2 The price gives effect to the one-for-8 reverse stock split of the Company's issued and outstanding shares of common stock, effective May 6, 2025 at 4:02 p.m. Eastern Time.
F3 Open market purchases.
F4 Represents shares of common stock held by an entity for which the Reporting Person holds voting and dispositive control.