4/A: Green Thumb Industries Insider Correction Filing
Insider Transaction Correction
Bret Kravitz files Form 4/A to correct an administrative error regarding the number of Subordinate Voting Shares acquired.
Summary
- This filing is an amendment (Form 4/A) to a previous Form 4 filed on April 3, 2026.
- The purpose of this amendment is to correct an administrative error in the previously reported number of Subordinate Voting Shares acquired by Bret Kravitz.
- The corrected number of Subordinate Voting Shares acquired is 57,692.
- The total number of Subordinate Voting Shares beneficially owned following the reported transaction is now 338,028.
- The acquisition of these shares had a reported price of $0.
- Additionally, 302 Multiple Voting Shares are beneficially owned.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it is a correction of a previous administrative error and does not introduce new material information about the company's performance or strategic direction.
Positives
- Correction of an administrative error ensures accurate reporting of beneficial ownership.
- The acquisition of 57,692 Subordinate Voting Shares at a $0 cost indicates a potential benefit or allocation to the reporting person.
Negatives
- The filing indicates a previous error in reporting, which could suggest a lapse in internal controls or attention to detail.
Risks
- Potential for further administrative errors in SEC filings.
- The nature of the $0 acquisition cost for a significant number of shares could warrant further scrutiny regarding its origin and implications.
Future Outlook
No specific future outlook or guidance is provided in this amendment filing, as it solely corrects prior reporting.
Management Comments
- This Form 4/A is being filed to correct an administrative error in the number of shares reported as acquired in the reporting person's Form 4 filed on April 3, 2026.
- The share amount acquired and the amount of securities beneficially owned has been updated to reflect the correct number of shares.
- All other information remains unchanged.
Industry Context
StockSavvy.ai notes that Form 4/A filings are common for correcting administrative errors in insider transactions, ensuring transparency and accuracy in beneficial ownership reporting, which is crucial for market integrity.
Stakeholder Impact
- Shareholders: Increased confidence in accurate reporting of insider holdings.
- Regulators: Compliance with SEC reporting requirements is maintained.
- Management: Reinforces the importance of meticulous record-keeping and filing procedures.
Next Steps
- Ensure all future SEC filings are accurate and free from administrative errors.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Date of earliest transaction (acquisition of shares). |
| 04/03/2026 | Date of original Form 4 filing. |
| 04/13/2026 | Date of signature for the Form 4/A amendment. |
Keywords
SEC Form 4/A, Bret Kravitz, Green Thumb Industries, GTII, GTBIF, Insider Trading, Beneficial Ownership, Subordinate Voting Shares, Multiple Voting Shares, Stock Correction
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