Benjamin Kovler - Nov 7, 2025 Form 4 Insider Report for Green Thumb Industries Inc. (GTII/GTBIF)

Role: CHAIRMAN & CEO, Director, 10%+ Owner
Signature: /s/ Kathryn A. Lloyd, Attorney-in-Fact
Stock symbol: GTII/GTBIF
Transactions as of: Nov 7, 2025
Transactions value $: -$1,056,396
Form type: 4
Date filed: 11/10/2025, 04:07 PM
Previous filing: Nov 4, 2025
Next filing: Nov 20, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Kovler Benjamin	CHAIRMAN & CEO, Director, 10%+ Owner	325 WEST HURON STREET, SUITE 700, CHICAGO	/s/ Kathryn A. Lloyd, Attorney-in-Fact	2025-11-10	0001803392

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GTII/GTBIF	Subordinate Voting Shares	Sale	-$1.06M	-163K	-19.01%	$6.50	693K	Nov 7, 2025	Direct	F1
holding	GTII/GTBIF	Subordinate Voting Shares						158K	Nov 7, 2025	By Outsiders Capital LLC
holding	GTII/GTBIF	Subordinate Voting Shares						66	Nov 7, 2025	KP Capital, LLC
holding	GTII/GTBIF	Super Voting Shares						57.6K	Nov 7, 2025	Direct
holding	GTII/GTBIF	Super Voting Shares						80.6K	Nov 7, 2025	By Outsiders Capital LLC
holding	GTII/GTBIF	Super Voting Shares						5K	Nov 7, 2025	By BK 2021 Descendant Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.50 to $6.55, inclusive. The reporting person hereby undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.50 to $6.55, inclusive. The reporting person hereby undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.