Form 4: Green Thumb Industries President Sells Shares

Green Thumb Industries President Anthony Georgiadis sold 125,000 Subordinate Voting Shares for approximately $6.50 per share.

Summary

• Anthony Georgiadis, President and Director of Green Thumb Industries Inc., reported a sale of company shares.
• The transaction involved 125,000 Subordinate Voting Shares.
• The shares were sold on November 7, 2025, at a weighted average price of $6.5006 per share.
• The sales occurred in multiple transactions at prices ranging from $6.50 to $6.55, inclusive.
• Following the transaction, Georgiadis directly owns 760,576 Subordinate Voting Shares and 37,682 Super Voting Shares.
• He also indirectly owns 18,364 Subordinate Voting Shares and 1,589 Super Voting Shares through ABG LLC, and 1,728 Subordinate Voting Shares and 1,333 Super Voting Shares through Three One Four Holdings LLC.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 4

Explanation: The sale of 125,000 shares by a key insider, the President and Director, could be interpreted as a mild negative signal, although the transaction was executed under a Rule 10b5-1 plan, suggesting it was pre-scheduled and not necessarily based on new material non-public information.

Negatives

• A significant sale of 125,000 shares by a key insider (President and Director) could be perceived negatively by the market, potentially signaling a lack of confidence or a belief that the stock is fully valued.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: May view the insider sale with caution, potentially impacting investor sentiment.

Key Dates

Recommendation

While the sale of 125,000 shares by the President and Director is a notable insider transaction, it was executed under a Rule 10b5-1 plan, which suggests it was pre-arranged and not necessarily indicative of a change in the insider's view of the company's immediate prospects. Without further context on the company's financial performance, strategic initiatives, or broader market conditions, this single transaction alone does not warrant a change from a 'hold' position. Investors should monitor future insider activity and company fundamentals.

Keywords

Green Thumb Industries, GTII, GTBIF, Anthony Georgiadis, Insider Trading, Form 4, Share Sale, Subordinate Voting Shares, Cannabis Industry