Item 8.01 Other Events.

On November 16, 2022, Crimson Wine Group, Ltd. (the "Company") completed the repurchase of an aggregate of 800,000 shares of its common stock, $0.01 par value per share ("Common Stock"), from MFP Investors LLC (the "Selling Stockholder") at a purchase price of $6.25 per share for an aggregate purchase price of approximately $5.0 million including broker commission. The Company's repurchase was funded through cash on hand, and the shares were retired.

Additionally, on November 14, 2022, John D. Cumming and Joseph S. Steinberg, members of the Company's board of directors, each purchased 171,300 shares of Common Stock from the Selling Stockholder at a purchase price of $6.25 per share for an aggregate purchase price of approximately $1.1 million each.

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