Form 4: Green Thumb Industries GC Sells Shares for Tax Obligations

Green Thumb Industries' General Counsel, Bret Kravitz, disposed of 2,966 Subordinate Voting Shares at $8.04 each to cover tax withholding obligations.

Summary

• Bret Kravitz, General Counsel and Secretary of Green Thumb Industries Inc., reported a transaction on January 1, 2026.
• Kravitz disposed of 2,966 Subordinate Voting Shares at a price of $8.04 per share.
• This disposition was made to satisfy tax withholding obligations, indicated by transaction code 'F'.
• Following the transaction, Kravitz directly beneficially owns 449,496 Subordinate Voting Shares and 302 Multiple Voting Shares.
• The transaction was made pursuant to a Rule 10b5-1(c) pre-planned contract or instruction.

Sentiment

Score: 5

Explanation: The transaction is a routine, tax-related disposition by an insider, which is generally considered neutral in terms of market sentiment. It does not indicate a change in management's confidence or company performance.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically a disposition of shares to cover tax obligations, which is common for executives receiving equity compensation. It does not provide broader industry context or trends.

Related Party Transactions

• The disposition of shares by Bret Kravitz, an officer of Green Thumb Industries Inc., is considered a related party transaction as it involves an insider of the company.

Stakeholder Impact

• Shareholders: The disposition represents a minor reduction in insider ownership, but given its tax-related nature and small size relative to total holdings, it is unlikely to have a significant impact on shareholder perception or share price.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Recommendation

This Form 4 filing details a routine, tax-related disposition of shares by an executive, which is a common occurrence and does not reflect a change in the company's fundamentals or the executive's long-term outlook. It provides no new information that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as this transaction is neutral to the investment thesis.

Keywords

Green Thumb Industries, GTII, GTBIF, Bret Kravitz, Insider Trading, Form 4, Share Disposition, Tax Withholding, Subordinate Voting Shares, Officer Transaction