George Peter Archos - Jun 1, 2025 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Signature
/s/ Kevan Fisher, Attorney-in-Fact
Stock symbol
VRNOF
Transactions as of
Jun 1, 2025
Transactions value $
-$20,348
Form type
4
Date filed
6/3/2025, 07:50 PM
Previous filing
Mar 11, 2025
Next filing
Aug 29, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Archos George Peter Chief Executive Officer, Director 224 WEST HILL STREET, SUITE 400, CHICAGO /s/ Kevan Fisher, Attorney-in-Fact 2025-06-03 0001935777

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNOF Class A Subordinate Voting Shares Options Exercise $0 +133K +0.92% $0.00 14.6M Jun 2, 2025 Direct F1
transaction VRNOF Class A Subordinate Voting Shares Tax liability -$20.3K -32.3K -0.22% $0.63 14.6M Jun 2, 2025 Direct F2
holding VRNOF Class A Subordinate Voting Shares 1.82M Jun 1, 2025 By Copperstone Trust
holding VRNOF Class A Subordinate Voting Shares 204K Jun 1, 2025 By E&P Archos Holdings, LLC F3
holding VRNOF Class A Subordinate Voting Shares 204K Jun 1, 2025 By E&P Archos Holdings II, LLC F3
holding VRNOF Class A Subordinate Voting Shares 10.2M Jun 1, 2025 By GP Management Group, LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VRNOF Restricted Stock Units Award $0 +128K +38.74% $0.00 458K Jun 1, 2025 Class A Subordinate Voting Shares 128K $0.00 Direct F4, F5
transaction VRNOF Restricted Stock Units Options Exercise $0 -100K -21.9% $0.00 358K Jun 1, 2025 Class A Subordinate Voting Shares 100K $0.00 Direct F1, F6, F7
transaction VRNOF Restricted Stock Units Options Exercise $0 -32.4K -9.05% $0.00 325K Jun 2, 2025 Class A Subordinate Voting Shares 32.4K $0.00 Direct F1, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.
F2 Represents the number of shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale.
F3 Due to the Reporting Person's 2% membership interest in the LLCs, the Reporting Person may be deemed to beneficially own the number of Shares detailed in Table I. This filing shall not be deemed an admission that such Reporting Person is, for purposes of section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of the equity securities reported in Table I owned by the LLCs. Mr. Archos expressly disclaims his beneficial ownership of the Shares reported in Table I owned by the LLCs.
F4 The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2025.
F5 Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and will vest 33.33% on June 1, 2026, 33.33% on June 1, 2027 and 33.34% on June 1, 2028.
F6 The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2023. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% on each of June 1, 2024, December 1, 2024 and June 1, 2025, and will thereafter vest 25% on December 1, 2025.
F7 The restricted stock units disposed in this transaction settled on June 2, 2025.
F8 The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2024. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% on June 1, 2025, and thereafter will vest 25% on each of December 1, 2025, June 1, 2026 and December 1, 2026.