Form 4: Verano Holdings Director Frederick Mueller Reports Stock Transactions
SEC Form 4 Filing
Director Frederick Charles Mueller reports the settlement of vested restricted stock units into Class A Subordinate Voting Shares of Verano Holdings Corp.
Summary
- On March 7, 2025, Frederick Charles Mueller, a director of Verano Holdings Corp., reported a transaction involving the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
- The transaction involved the acquisition of 18,410 Class A Subordinate Voting Shares at a price of $0 per share.
- Following the transaction, Mueller directly owns 36,819 Class A Subordinate Voting Shares.
- Additionally, 18,410 restricted stock units were settled, with 51,958 derivative securities beneficially owned following the reported transaction.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors and officers.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| June 1, 2023 | Date the restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan |
| June 1, 2024 | First vesting date (25%) of the restricted stock units |
| December 1, 2024 | Second vesting date (25%) of the restricted stock units |
| June 1, 2025 | Third vesting date (25%) of the restricted stock units |
| December 1, 2025 | Final vesting date (25%) of the restricted stock units |
| March 7, 2025 | Date of the transaction: settlement of vested restricted stock units |
| March 11, 2025 | Date of signature for the Form 4 filing |
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