Josh Heine - Jun 1, 2025 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Role
VP, Corporate Controller
Signature
/s/ Kevan Fisher, Attorney-in-Fact
Stock symbol
VRNOF
Transactions as of
Jun 1, 2025
Transactions value $
-$396
Form type
4
Date filed
6/3/2025, 08:19 PM
Previous filing
Apr 21, 2025
Next filing
Sep 9, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Heine Josh VP, Corporate Controller 224 W HILL STREET, SUITE 400, CHICAGO /s/ Kevan Fisher, Attorney-in-Fact 2025-06-03 0002065258

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 +1.82K +340.71% $0.00 2.35K Jun 2, 2025 Direct F1
transaction VRNOF Class A Subordinate Voting Shares Tax liability -$396 -629 -26.78% $0.63 1.72K Jun 2, 2025 Direct F2

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 +23.5K +242.16% $0.00 33.2K Jun 1, 2025 Class A Subordinate Voting Shares 23.5K $0.00 Direct F3, F4
transaction VRNOF Restricted Stock Units Options Exercise $0 -1.82K -5.46% $0.00 31.4K Jun 2, 2025 Class A Subordinate Voting Shares 1.82K $0.00 Direct F1, F5, F6
* 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 The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2025.
F4 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.
F5 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.
F6 The restricted stock units disposed in this transaction settled on June 2, 2025.