In a recent transaction, Greig P. DeBow Jr., Chief Commercial Officer of Zevia PBC (NYSE:ZVIA), a company specializing in bottled and canned soft drinks and carbonated waters, acquired additional shares in the company.
Notably, the transaction comes after a significant event in DeBow's career with Zevia PBC, as he separated from the company on July 3, 2024, which led to the automatic forfeiture of 299,104 restricted stock units.
Moreover, DeBow has committed to returning any profits from this transaction to Zevia PBC, as required by Section 16(b) of the Securities Exchange Act of 1934.
The acquisition by DeBow could be interpreted as a positive indicator by the market, reflecting a belief in the potential value of Zevia PBC's stock.
InvestingPro InsightsAdding to the recent insider buying activity by Greig P. DeBow Jr., Zevia PBC (NYSE:ZVIA) presents an interesting financial picture.

Zevia PBC executive buys $50k in company stock By Investing.com