Form 4: Insider Group Increases Stake in Grown Rogue International Inc.

A group of entities and an individual associated with Mindset Capital LLC, including a director and 10% owner, acquired 100,000 shares of Grown Rogue International Inc. common stock.

Summary

• Mindset Value Wellness Fund LP, Mindset Value Fund LP, W&GP Fund 1 LLC, Mindset Capital LLC, and Aaron Edelheit are the reporting persons.
• The issuer is Grown Rogue International Inc. (GRUSF).
• The reporting persons are identified as both a Director and a 10% Owner of the issuer.
• On July 7, 2025, 100,000 shares of Common Stock were acquired.
• The acquisition price per share was $0.337.
• Following the transaction, Mindset Value Wellness Fund LP beneficially owns 15,041,529 shares indirectly.
• Collectively, the Funds (Mindset Value Wellness Fund LP, Mindset Value Fund LP, and W&GP Fund 1 LLC) own 37,468,933 shares after these transactions.
• Aaron Edelheit is the Managing Member of Mindset Capital LLC, which serves as the General Partner of Mindset Value Fund LP and Mindset Value Wellness Fund LP, and the Managing Member of W&GP Fund 1 LLC.
• Mindset Capital LLC and Aaron Edelheit, as Managing Member of Mindset Capital LLC, possess the power to vote and direct the disposition of the shares acquired by the Funds.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director and 10% owner indicates a positive sentiment and confidence in the company's prospects from an insider perspective.

Positives

• Significant insider acquisition of 100,000 shares by a group of entities and an individual who are both a Director and 10% Owner, indicating strong confidence in the company's future.
• The acquisition was made at a price of $0.337 per share, providing a clear valuation point for the transaction.

Future Outlook

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

Management Comments

• Aaron Edelheit is the Managing Member of Mindset Capital LLC, which serves as the General Partner of Mindset Value Fund LP and Mindset Value Wellness Fund LP, and the Managing Member of W&GP 1 LLC.
• Mindset Capital LLC and Aaron Edelheit, as Managing Member of Mindset Capital LLC, each possess the power to vote and dispose or direct the disposition of the shares acquired by the Funds.

Industry Context

This SEC Form 4 filing details an insider transaction and does not provide broader industry trends or competitive analysis.

Related Party Transactions

• The acquisition of 100,000 shares of common stock by entities and an individual who are identified as a Director and 10% Owner of Grown Rogue International Inc. constitutes a related party transaction.

Stakeholder Impact

• Shareholders may view the insider acquisition as a positive signal, potentially increasing confidence in the company's future performance and valuation.

Key Dates

Recommendation

Keywords

Grown Rogue International, GRUSF, SEC Form 4, Insider Trading, Stock Acquisition, Beneficial Ownership, Mindset Value Wellness Fund, Mindset Value Fund, W&GP Fund 1, Mindset Capital, Aaron Edelheit