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

Reporting relationship: Director
Issuer ticker: YCBD
Reported as of: 06 May 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 08 May 2025, 16:14:22 UTC
Prior SEC filing: 24 Apr 2025
Next SEC filing: 20 May 2025
Source filing: View source filing
Reporting owner signature: /s/ Jeffrey H. Porter

Key filing fact

Jeffrey H. Porter filed Form 4 for cbdMD, Inc. (YCBD) on 08 May 2025.

Key facts

This page summarizes Jeffrey H. Porter's Form 4 filing for cbdMD, Inc. (YCBD).
8 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 08 May 2025, 16:14.

Change

Previous filing in this sequence was filed on 24 Apr 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002065626 Primary reporting owner

Porter Jeffrey H

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

YCBD transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +465,955
Change %
Price
Shares after: 465,955
Date: 06 May 2025
Ownership: By Porter Partners L.P.
Footnotes: F1, F2, F4

YCBD transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +61,750
Change %
Price
Shares after: 61,750
Date: 06 May 2025
Ownership: By Ben Joseph Partners
Footnotes: F1, F2, F4

YCBD transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +41,275
Change %
Price
Shares after: 41,275
Date: 06 May 2025
Ownership: By Jeff Porter IRA- Beneficiary
Footnotes: F1, F2, F4

YCBD transaction

Common Stock

Conversion of derivative security

Transaction value
Shares: +4,550
Change %
Price
Shares after: 4,550
Date: 06 May 2025
Ownership: By Beneficiary of Trust
Footnotes: F1, F2, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

YCBD transaction Derivative

8% Series A Cumulative Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -286,741
Change %: -100%
Price
Shares after: 0
Date: 06 May 2025
Ownership: By Porter Partners L.P.
Underlying class: Common Stock
Underlying amount: 465,955
Exercise price
Footnotes: F1, F2, F3, F4

YCBD transaction Derivative

8% Series A Cumulative Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -38,000
Change %: -100%
Price
Shares after: 0
Date: 06 May 2025
Ownership: By Ben Joseph Partners
Underlying class: Common Stock
Underlying amount: 61,750
Exercise price
Footnotes: F1, F2, F3, F4

YCBD transaction Derivative

8% Series A Cumulative Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -25,400
Change %: -100%
Price
Shares after: 0
Date: 06 May 2025
Ownership: By Jeff Porter IRA- Beneficiary
Underlying class: Common Stock
Underlying amount: 41,275
Exercise price
Footnotes: F1, F2, F3, F4

YCBD transaction Derivative

8% Series A Cumulative Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares: -2,000
Change %: -100%
Price
Shares after: 0
Date: 06 May 2025
Ownership: By Beneficiary of Trust
Underlying class: Common Stock
Underlying amount: 4,550
Exercise price
Footnotes: F1, F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote 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.

Footnote F3

Open market purchases.

Footnote F4

Represents shares of common stock held by an entity for which the Reporting Person holds voting and dispositive control.

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