Justin B. Stiefel - 22 May 2025 Form 4 Insider Report for Heritage Distilling Holding Company, Inc. (CASK)

Role
CEO & Treasurer, Director
Signature
/s/ Justin B. Stiefel
Issuer symbol
CASK
Transactions as of
22 May 2025
Net transactions value
+$289,426
Form type
4
Filing time
27 May 2025, 18:11:18 UTC
Previous filing
07 Feb 2025
Next filing
19 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Stiefel Justin B CEO & Treasurer, Director C/O HERITAGE DISTILLING HOLDING COMPANY, 9668 BUJACICH ROAD, GIG HARBOR /s/ Justin B. Stiefel 27 May 2025 0002044207

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASK Common Stock Options Exercise $127,362 +240,306 +551% $0.5300 283,921 22 May 2025 Direct F1
transaction CASK Common Stock Options Exercise $22,260 +42,000 +15% $0.5300 325,921 22 May 2025 Direct F1
transaction CASK Common Stock Options Exercise $117,124 +220,989 +328% $0.5300 288,283 22 May 2025 By spouse F2
transaction CASK Common Stock Options Exercise $22,680 +42,000 +15% $0.5400 330,283 24 May 2025 By spouse F2

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 CASK Restricted Stock Units Award $0 +193,268 $0.000000 193,268 22 May 2025 Common Stock 193,268 Direct F3, F4
transaction CASK Restricted Stock Units Award $0 +47,038 +24% $0.000000 240,306 22 May 2025 Common Stock 47,038 Direct F3, F5
transaction CASK Restricted Stock Units Options Exercise $0 -240,306 -100% $0.000000 0 22 May 2025 Common Stock 240,306 Direct F3, F4
transaction CASK Restricted Stock Units Options Exercise $0 -42,000 -100% $0.000000 0 24 May 2025 Common Stock 42,000 Direct F3, F6
transaction CASK Restricted Stock Units Options Exercise $0 -42,000 -100% $0.000000 0 24 May 2025 Common Stock 42,000 By Spouse F2, F3, F6
transaction CASK Restricted Stock Units Award $0 +47,913 $0.000000 47,913 22 May 2025 Common Stock 47,913 By spouse F3, F5
transaction CASK Restricted Stock Units Award $0 +173,076 +361% $0.000000 220,989 22 May 2025 Common Stock 173,076 By spouse F3, F4
transaction CASK Restricted Stock Units Options Exercise $0 -220,989 -100% $0.000000 0 22 May 2025 Common Stock 220,989 By spouse F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,737 shares beneficially owned through American Estate and Trust, LC FBO Justin Stiefel IRA account
F2 These securities are held by Jennifer D.H. Stiefel, the spouse of the reporting person. For purposes of Section 16 of the Exchange Act, the reporting person disclaims beneficial ownership of any such securities, except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock.
F4 The RSUs vested in full immediately upon grant on May 22, 2025.
F5 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.
F6 The RSUs were granted on June 5, 2024 subject to a vesting condition tied to the expiration of a lock-up agreement. The RSUs vested and settled on May 24, 2025 upon the lock-up's expiration.