Martin A. Sumichrast
Net Worth

Last updated:

What is Martin A. Sumichrast net worth?

The estimated net worth of Mr. Martin A. Sumichrast is at least $17,677,237 as of 1 Jan 2022. He owns shares worth $9,407,128 as insider, has earned $2,096,109 from insider trading and has received compensation worth at least $6,174,000 in cbdMD, Inc. and cbdMD, Inc..

What is the salary of Martin A. Sumichrast?

Mr. Martin A. Sumichrast salary is $441,000 per year as Chairman & Co-Chief Executive Officer in cbdMD, Inc.. He also receives $441,000 as Chairman & Co-Chief Executive Officer in cbdMD, Inc..

How old is Martin A. Sumichrast?

Mr. Martin A. Sumichrast is 58 years old, born in 1967.

What stocks does Martin A. Sumichrast currently own?

As insider, Mr. Martin A. Sumichrast owns shares in 2 companies:

Company Title Shares Price per share Total value
cbdMD, Inc. (YCBD-PA) Chairman & Co-Chief Executive Officer 1,425,344 $5.98 $8,523,557
cbdMD, Inc. (YCBD) Chairman & Co-Chief Executive Officer 1,425,344 $0.62 $883,571

What does cbdMD, Inc. do?

cbdMD, Inc. produces and distributes various cannabidiol (CBD) products. The company owns and operates consumer hemp-based CBD brands, such as cbdMD, Paw CBD, and cbdMD Botanicals. Its cbdMD brand products include CDB tinctures, gummies, topicals, capsules, bath bombs, bath salts, and sleep aids. It also offers veterinarian-formulated products, including tinctures, chews, and topicals under the Paw CBD brand name. The company distributes its products through its e-commerce Website, third-party e-commerce sites, wholesalers, and various brick and mortar retailers in the United States. It has a research partnership with the University of Mississippi to identify novel cannabinoids. The company was formerly known as Level Brands, Inc. and changed its name to cbdMD, Inc. in May 2019. cbdMD, Inc. was incorporated in 2015 and is headquartered in Charlotte, North Carolina.

What does cbdMD, Inc. do?

cbdMD, Inc. produces and distributes various cannabidiol (CBD) products. The company owns and operates consumer hemp-based CBD brands, such as cbdMD, Paw CBD, and cbdMD Botanicals. Its cbdMD brand products include CDB tinctures, gummies, topicals, capsules, bath bombs, bath salts, and sleep aids. It also offers veterinarian-formulated products, including tinctures, chews, and topicals under the Paw CBD brand name. The company distributes its products through its e-commerce Website, third-party e-commerce sites, wholesalers, and various brick and mortar retailers in the United States. It has a research partnership with the University of Mississippi to identify novel cannabinoids. The company was formerly known as Level Brands, Inc. and changed its name to cbdMD, Inc. in May 2019. cbdMD, Inc. was incorporated in 2015 and is headquartered in Charlotte, North Carolina.

Martin A. Sumichrast insider trading

cbdMD, Inc.

Mr. Martin A. Sumichrast has made 7 insider trades between 2018-2022, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 325,834 units of YCBD-PA stock on 7 Mar 2019. As of 1 Jan 2022 he still owns at least 1,425,344 units of YCBD-PA stock.

Transaction Date Security Shares Price per share Total value Source
Option
Restricted Stock Units 250,000 N/A N/A
Option
Common Stock 250,000 N/A N/A
Sale
Common stock 65,493 N/A N/A
Sale
Common stock 59,507 N/A N/A
Sale
Common Stock 240,035 N/A N/A
Sale
Common Stock 113,104 N/A N/A
Sale
Common Stock 42,461 N/A N/A
Purchase
Common Stock 125,000 $1 $125,000
Sale
Common Stock 325,834 $4 $1,303,336
Sale
Common stock 150,000 $4 $600,000
Option
restricted stock grant 150,000 N/A N/A
Option
Common Stock 150,000 N/A N/A

cbdMD, Inc.

Mr. Martin A. Sumichrast has made 7 insider trades between 2018-2022, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 325,834 units of YCBD stock on 7 Mar 2019. As of 1 Jan 2022 he still owns at least 1,425,344 units of YCBD stock.

Transaction Date Security Shares Price per share Total value Source
Option
Restricted Stock Units 250,000 N/A N/A
Option
Common Stock 250,000 N/A N/A
Sale
Common stock 65,493 N/A N/A
Sale
Common stock 59,507 N/A N/A
Sale
Common Stock 240,035 N/A N/A
Sale
Common Stock 113,104 N/A N/A
Sale
Common Stock 42,461 $4.54 $192,773
Purchase
Common Stock 125,000 N/A N/A
Sale
Common Stock 325,834 N/A N/A
Sale
Common stock 150,000 N/A N/A
Option
restricted stock grant 150,000 N/A N/A
Option
Common Stock 150,000 N/A N/A

cbdMD key executives

cbdMD, Inc. executives and other stock owners filed with the SEC: