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EQUITY INCENTIVE PLAN
9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
EQUITY INCENTIVE PLAN

8) EQUITY INCENTIVE PLAN

 

The Willamette Valley Vineyards Inc, 2025 Omnibus Equity Incentive Plan ("2025 Plan") was adopted by the Company's board of directors on September 9, 2025. The 2025 Plan provides for the grant of Options, Share Appreciation Rights, Restricted Share Units, Other Share-based Awards or any combination of the foregoing to selected employees, directors and independent contractors of the Company.

 

During the three months ended September 30, 2025, the Company granted 285,000 restricted shares and share units under the 2025 Plan. As of September 30, 2025, no shares had been registered with the SEC under this plan. The Company filed the registration statement to register the shares related to the 2025 Plan on November 12, 2025. The 15,000 shares that vested prior to November 12, 2025 will be issued during the three month period ended December 31, 2025.

 

The Company recognized $89,132 in stock-based compensation expense during the three months ended September 30, 2025 related to the 2025 Plan.