Form 4: Green Thumb Director Acquires Shares via 10b5-1 Plan

Green Thumb Industries Director Jeffrey H. Goldman acquired 8,395 subordinate voting shares at a price of $0, increasing his direct beneficial ownership.

Summary

• Jeffrey H. Goldman, a Director of Green Thumb Industries Inc., acquired 8,395 Subordinate Voting Shares.
• The transaction occurred on December 1, 2025, and was reported on December 3, 2025.
• The shares were acquired at a price of $0 per share, indicating a grant or award.
• This acquisition was made pursuant to a Rule 10b5-1(c) pre-arranged plan.
• Following this transaction, Mr. Goldman directly beneficially owns 1,406,679 Subordinate Voting Shares.
• Additionally, Mr. Goldman indirectly beneficially owns 45,013 shares through the Peter D. Goldman Trust and 294,718 shares through the Amy B. Goldman Trust.

Sentiment

Score: 6

Explanation: Slightly positive due to increased insider ownership, even if it's a routine grant, as it aligns management interests with shareholders.

Positives

• Increased insider ownership by a director, which can signal confidence in the company's future prospects.
• The acquisition was part of a Rule 10b5-1 plan, indicating a pre-scheduled, non-discretionary transaction.

Future Outlook

This filing does not contain specific forward-looking statements or guidance regarding the company's future performance.

Industry Context

This insider transaction is a routine disclosure and does not provide specific insights into broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: The increase in director ownership may be viewed positively as it aligns the director's interests with those of other shareholders.

Key Dates

Recommendation

This Form 4 reports a routine acquisition of shares by a director, likely as part of an equity compensation plan executed under a 10b5-1 plan. While it increases insider ownership, it does not provide new fundamental information or a significant change in the company's outlook to warrant a change in investment recommendation.

Keywords

Green Thumb Industries, GTII, GTBIF, Jeffrey H. Goldman, Form 4, insider transaction, share acquisition, director, subordinate voting shares, 10b5-1 plan