Form 4: Green Thumb Industries Director Richard Reisin Acquires 11,450 Subordinate Voting Shares

Green Thumb Industries Inc. Director Richard Reisin reported the acquisition of 11,450 subordinate voting shares, increasing his total beneficial ownership to 117,120 shares.

Summary

• Richard Reisin, a Director of Green Thumb Industries Inc. (GTII/GTBIF), acquired 11,450 Subordinate Voting Shares.
• The transaction occurred on June 1, 2025, at a price of $0 per share, typically indicating a grant or award rather than a market purchase.
• Following this acquisition, Mr. Reisin's direct beneficial ownership stands at 46,835 shares.
• Additionally, he indirectly beneficially owns 70,285 shares through the Richard A. Reisin Revocable Trust.
• His total beneficial ownership after the reported transaction is 117,120 Subordinate Voting Shares.

Sentiment

Score: 6

Explanation: Slightly positive, as an insider acquisition of shares, even if a grant, generally indicates alignment of interests and confidence in the company's future by its leadership.

Positives

• The acquisition of 11,450 shares by a director signals continued confidence in the company's future prospects.
• An increase in insider ownership aligns the interests of management with those of shareholders.

Future Outlook

N/A. This Form 4 filing reports a past transaction and does not provide forward-looking statements or guidance regarding the company's future performance.

Industry Context

This filing pertains to Green Thumb Industries Inc., a prominent company in the U.S. cannabis industry. Insider transactions like this are common across all industries, including the cannabis sector, as a means of executive compensation or personal investment, reflecting management's stake in the company's performance.

Related Party Transactions

• Richard A. Reisin Revocable Trust is a related party through which Richard Reisin indirectly holds 70,285 Subordinate Voting Shares. This indirect ownership is a standard disclosure for beneficial ownership.

Stakeholder Impact

• Shareholders may view the director's increased ownership as a positive signal, potentially boosting investor confidence due to greater alignment of interests between management and shareholders.

Key Dates

Keywords

Green Thumb Industries, GTII, GTBIF, Form 4, Insider Transaction, Share Acquisition, Director Ownership, Subordinate Voting Shares, Cannabis Industry