Form 4: Mindset Funds Boost Grown Rogue International Stake

Mindset Value Wellness Fund LP and affiliated entities acquired 50,000 shares of Grown Rogue International Inc. common stock, increasing their collective beneficial ownership.

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 reporting persons are identified as Directors and 10% Owners of Grown Rogue International Inc. (GRUSF).
• On September 16, 2025, 50,000 shares of Common Stock were acquired at a price of $0.429 per share.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.
• Following this transaction, Mindset Value Wellness Fund LP beneficially owns 15,528,029 shares indirectly.
• Collectively, the Funds (Mindset Value Wellness Fund LP, Mindset Value Fund LP, and W&GP 1 LLC) own 37,955,433 shares.
• Aaron Edelheit, as Managing Member of Mindset Capital LLC (General Partner of the Funds), possesses the power to vote and dispose of the shares acquired by the Funds.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director and 10% owner generally signals confidence in the company's prospects, contributing to a positive sentiment. The transaction being part of a 10b5-1 plan also adds a layer of transparency.

Positives

• Increased insider ownership by a significant shareholder and director, indicating confidence in the company's future.
• The transaction was executed under a Rule 10b5-1(c) plan, demonstrating a pre-planned, non-discretionary investment strategy.

Future Outlook

The filing does not provide specific forward-looking statements or guidance, focusing solely on the reported insider transaction.

Industry Context

This filing reports a specific insider transaction and does not provide broader industry trends or competitive analysis for Grown Rogue International Inc.

Corporate Governance

Related Party Transactions

• The acquisition of 50,000 shares of Common Stock by Mindset Value Wellness Fund LP and affiliated entities is considered a related party transaction, as the reporting persons are identified as Directors and 10% Owners of Grown Rogue International Inc.

Stakeholder Impact

• Shareholders may view the increased insider ownership as a positive signal, potentially boosting investor confidence in the company's future performance.
• The transparency provided by the Rule 10b5-1(c) plan can reassure investors about the integrity of insider trading activities.

Key Dates

Recommendation

The acquisition of additional shares by a director and 10% owner, particularly when executed under a Rule 10b5-1(c) plan, typically signals strong insider confidence in the company's valuation and future prospects. This insider buying activity can be interpreted as a bullish indicator for the stock.

Keywords

Grown Rogue International, GRUSF, Insider Buying, Mindset Value Wellness Fund, Aaron Edelheit, Beneficial Ownership, SEC Form 4, Equity Acquisition, Director Purchase