Form 4: Verano Holdings Director Cristina Nunez Settles Restricted Stock Units for Class A Shares

Director Cristina Maria Nunez settled vested restricted stock units into Class A Subordinate Voting Shares of Verano Holdings Corp.

Summary

• On June 3, 2024, Cristina Maria Nunez, a director of Verano Holdings Corp., settled vested restricted stock units (RSUs) into Class A Subordinate Voting Shares.
• The transactions involved the settlement of 30,204 Class A Subordinate Voting Shares at a price of $0.
• These settlements were related to RSUs granted on June 1, 2023, under the Verano Holdings Corp. Stock and Incentive Plan.
• Following these transactions, Nunez directly owns 72,559 Class A Subordinate Voting Shares, 109,776 Restricted Stock Units from one grant and 88,299 Restricted Stock Units from another grant.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The settlement of restricted stock units may have a minor dilutive effect on existing shareholders.

Key Dates