Charlotte's Web Holdings, Inc.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
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FY2025 · Filed Mar 31, 2026
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Item 9B. Other Information
For the year ended December 31, 2025, none of the Company’s directors or officers adopted orterminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation S-K of the Securities Act of 1933).
Appointment of Corporate Secretary
On March 16, 2025, the Company announced the appointment of Mindy Garrison as the Chief People Officer and Corporate Secretary.
Ms. Garrison, age 55, initially joined the Company as Senior Director of Human Resources in November 2021, promoted to Chief People Officer in August 2022, and appointed as Corporate Secretary in August 2025. Before joining Charlotte’s Web, Garrison served as an HR executive in the healthcare sector, worked as a management consultant, and spent 15 years as an Adjunct Professor at the University of Denver. Her expertise in human capital strategy, governance, and executive education continues to support Charlotte’s Web’s mission‑driven growth in the rapidly evolving hemp‑derived wellness industry. She has a Bachelor’s degree in Psychology and a Master’s degree from the University of Denver.
There are no family relationships between Mrs. Garrison and any director or executive officer of the Company. The Company is not aware of any transaction in which Mrs. Garrison has an interest requiring disclosure under Item 404(a) of Regulation S-K. No contract or arrangement between Mrs. Garrison and the Company was executed in connection with her appointment. Mrs. Garrison will be eligible for equity award grants in a manner consistent with the Company’s practices for senior management. Mrs. Garrison has previously been awarded stock options in respect of her prior service with the Company and will be entitled to continue to participate in the Company’s benefit programs applicable generally to employees and executive officers. Such compensation and benefit plans and arrangements are described in the Company’s Amendment No. 2 to the Registration Statement on Form 10 filed with the U.S. Securities and Exchange Commission on January 4, 2022.
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