Form 4: Verano Holdings Director Lawrence Hirsh Settles Restricted Stock Units
SEC Form 4
Director Lawrence Hirsh settled vested restricted stock units into Class A Subordinate Voting Shares of Verano Holdings Corp.
Summary
- On March 25, 2024, Lawrence Randall Hirsh, a director of Verano Holdings Corp., settled 17,542 vested restricted stock units into Class A Subordinate Voting Shares.
- The transaction resulted in Hirsh owning 35,083 Class A Subordinate Voting Shares directly.
- Following the transaction, Hirsh holds 120,995 restricted stock units.
- The restricted stock units were granted on August 29, 2022, under the Verano Holdings Corp. Stock and Incentive Plan and vest in installments.
Sentiment
Score: 5
Explanation: This is a neutral event, reflecting a standard executive compensation transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| August 29, 2022 | Date the restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan |
| March 25, 2024 | Date of the transaction where restricted stock units were settled into Class A Subordinate Voting Shares |
| March 27, 2024 | Date of signature for the Form 4 filing |
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