July 31, 2025 · Form 4 insider transaction
Nistico Robert bought 750,000 shares of New Age Beverages Corp, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 76 days after the transaction.
The grant of the Issuer's warrants was exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Issuer's Board of Directors. The warrants shall vest as follows: one third upon completion of the repayment by the Company of the UpTime Investors and the other two thirds vesting quarterly over a two-year period with the first vesting date on October 31, 2025.