Filing Details
- Accession Number:
- 0001935304-25-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-03-11 18:46:17
- Reporting Period:
- 2025-03-07
- Filing Date:
- 2025-03-11
- Accepted Time:
- 2025-03-11 18:46:17
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1848416 | Verano Holdings Corp. | VRNOF | Agricultural Production-Crops (100) | 981583243 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1935304 | David Spreckman | 224 West Hill Street, Suite 400 Chicago IL 60610 | Chief Marketing Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Subordinate Voting Shares | Acquisiton | 2025-03-07 | 27,306 | $0.00 | 142,258 | No | 4 | M | Direct | |
Class A Subordinate Voting Shares | Acquisiton | 2025-03-07 | 5,562 | $0.00 | 147,820 | No | 4 | M | Direct | |
Class A Subordinate Voting Shares | Disposition | 2025-03-10 | 5,462 | $0.65 | 142,358 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Subordinate Voting Shares | Restricted Stock Units | Disposition | 2025-03-07 | 41,753 | $0.00 | 41,753 | $0.00 |
Class A Subordinate Voting Shares | Restricted Stock Units | Disposition | 2025-03-07 | 8,505 | $0.00 | 8,505 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
185,320 | No | 4 | M | Direct | ||
176,815 | No | 4 | M | Direct |
Footnotes
- This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 25, 2023. All shares were sold at a price of $0.6501.
- The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2023. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% each of June 1, 2024 and December 1, 2024 and will thereafter vest 25% on each of June 1, 2025 and December 1, 2025.
- The restricted stock units disposed in this transaction settled on March 7, 2025.
- The restricted stock units were net-settled to satisfy withholding tax obligations, resulting in the issuance of 27,306 Class A subordinate voting shares.
- The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on September 1, 2023. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% on each of June 1, 2024 and December 1, 2024 and will thereafter vest 25% on each of June 1, 2025 and December 1, 2025.
- The restricted stock units were net-settled to satisfy withholding tax obligations, resulting in the issuance of 5,562 Class A subordinate voting shares.