Better Choice (BTTR) director Young bought 20,000 shares for $2,578 at an average $0.13
Insider transactions reported
Michael Young (director at Better Choice Company Inc., BTTR) reported that they bought 20,000 shares for $2,578 at an average $0.13, and received 1,120,370 shares between Dec 21, 2018 and Feb 1, 2024. After these transactions the filing shows 1,649,170 shares held directly and 102,500 shares held indirectly (Shares held by Cottingham Capital Partners, LLC. of which Mr. Young is a manager.).
- Reporting person
- Young Michael
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Feb 1, 2024 | Grant or award (A) | Common Stock | +370,370 | $0.27 | $100K | 2,019,540 direct |
| Sep 5, 2023 | Grant or award (A) | Common Stock1 | +750,000 | - | - | 1,649,170 direct |
| Sep 7, 2023 | Open-market purchase (P) | Common Stock | +20,000 | avg $0.13 | $2,578 | 102,500 indirect |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Dec 21, 2018 | Grant or award (A) | Stock Options - Right to BuyOn 3,206 Common Stock | +0 | - | - | 3,206 direct |
| May 2, 2019 | Grant or award (A) | Stock Options - Right to BuyOn 83,334 Common Stock | +0 | - | - | 86,540 direct |
| Jan 8, 2021 | Grant or award (A) | Stock Options - Right to BuyOn 16,667 Common Stock2 | +0 | - | - | 103,207 direct |
| Jul 8, 2021 | Grant or award (A) | Stock Options - Right to BuyOn 30,000 Common Stock2 | +0 | - | - | 133,207 direct |
| Dec 19, 2019 | Grant or award (A) | Purchase Warrants - Right to BuyOn 54,167 Common Stock | +0 | - | - | 54,167 direct |
| Jan 22, 2021 | Grant or award (A) | Purchase Warrants - Right to BuyOn 6,667 Common Stock | +0 | - | - | 60,834 direct |
Holdings before and after
- Stock Options - Right to Buy: 3,206 to 133,207 direct
- Purchase Warrants - Right to Buy: 54,167 to 60,834 direct
Footnotes from the filing
- 1. Shares of Common Stock issued under the Company's Amended and Restated 2019 Incentive Plan with no vesting conditions.
- 2. Options exercisable according to the vesting terms in the related option agreement.
Transaction codes in this filing
- Open-market purchase:
- Code P marks a purchase in the open market or a private deal. The insider paid for these securities.
- Grant or award:
- Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
FAQ
What did Young report in this BTTR Form 4?
Michael Young (director at Better Choice Company Inc., BTTR) reported that they bought 20,000 shares for $2,578 at an average $0.13, and received 1,120,370 shares between Dec 21, 2018 and Feb 1, 2024. After these transactions the filing shows 1,649,170 shares held directly and 102,500 shares held indirectly (Shares held by Cottingham Capital Partners, LLC. of which Mr. Young is a manager.).
How many BTTR shares does Young hold after this filing?
The filing shows 1,649,170 shares held directly, 102,500 shares held indirectly (Shares held by Cottingham Capital Partners, LLC. of which Mr. Young is a manager.) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code P mean on an SEC Form 4?
Code P marks a purchase in the open market or a private deal. The insider paid for these securities.
Historical context for BTTR
Earlier insider filings at BTTR
- Feb 6, 2024Dickinson Arlene was granted 548,942 shares (SEC Form 4)
- Feb 6, 2024Conacher Lionel F. was granted 1,120,370 shares, increasing direct ownership by 2% to 1,065,817 units (SEC Form 4)
- Feb 6, 2024Word John M Iii was granted 548,942 shares (SEC Form 4)
- Feb 6, 2024Fronzaglia Gil was granted 548,942 shares (SEC Form 4)
- Sep 7, 2023SEC Form 4: Conacher Lionel F. was granted 750,000 shares, increasing direct ownership by 237% to 1,065,817 units
- Market cap
- 30-day
- Sector
- Consumer Staples
- Industry
- Beverages (Production/Distribution)
- Listed since
- 2021
Follow BTTR and get a push notification the moment its next story breaks.