---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-007458"
form_type: "8-K"
ticker: "CWGL"
cik: "0001562151"
company_name: "Crimson Wine Group, Ltd"
filed_at: "2022-03-28T23:59:59+00:00"
generated_at: "2026-06-26T16:04:24.803011+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Crimson Wine Group authorizes $4M share buyback at up to $9.00 per share

## Summary
- Board authorized repurchase of up to $4,000,000 of common stock, with maximum price of $9.00 per share.
- Adopted a 10b5-1 plan on March 23, 2022, effective March 24, 2022, for pre-arranged purchases.
- Daily purchases limited to 25% of average daily trading volume over the prior four calendar weeks.
- Repurchases will be funded with available cash and comply with Rule 10b-18.

## SEC filing metadata
- accession: 0001628280-22-007458
- form_type: 8-K
- ticker: CWGL
- cik: 0001562151
- company_name: Crimson Wine Group, Ltd
- filed_at: 2022-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562151/000162828022007458/0001628280-22-007458-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562151/000162828022007458/cwgl-20220328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-007458
- JSON: https://secwatch.observer/filing/0001628280-22-007458.json
- Plain text: https://secwatch.observer/filing/0001628280-22-007458.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.