Form 4: Trulieve Officer's Stock Withholding for Tax

Trulieve Cannabis Corp.'s Chief Production Officer, Kyle Landrum, had 18,359 subordinate voting shares withheld for tax liability related to RSU vesting on December 1, 2025.

Summary

• Kyle Landrum, Chief Production Officer of Trulieve Cannabis Corp. (TRUL), reported a transaction on December 1, 2025.
• The transaction involved the disposition of 18,359 Subordinate Voting Shares.
• These shares were withheld for the payment of tax liability in connection with the vesting of previously granted restricted stock units (RSUs).
• The shares were valued at $5.39 per share for the purpose of this transaction.
• Following this transaction, Kyle Landrum beneficially owns 200,182 Subordinate Voting Shares directly.

Sentiment

Score: 5

Explanation: The filing reports a routine transaction where shares were withheld to cover tax obligations upon the vesting of restricted stock units, indicating a neutral impact on company sentiment.

Future Outlook

NA

Industry Context

This filing is specific to an individual executive's compensation and tax obligations, and does not provide broader industry context or trends.

Stakeholder Impact

• Minimal impact on shareholders as it's a routine tax-related share withholding for executive compensation, not a discretionary sale or purchase.

Key Dates

Recommendation

This Form 4 reports a routine share withholding for tax purposes related to RSU vesting for a company officer. It does not provide new information that would alter the fundamental investment thesis for Trulieve Cannabis Corp., thus a 'hold' recommendation is appropriate.

Keywords

Trulieve Cannabis, TRUL, Form 4, insider transaction, stock withholding, RSU vesting, tax liability, Kyle Landrum, executive compensation