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Curaleaf grants CEO stock award valued at $15.4M

The restricted stock units are scheduled to vest in full on January 5, 2028; the strategic-target bonus amount is to be determined in March 2028.

(Moderate)

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Form Type
8-K

Rhea-AI Filing Summary

Curaleaf Holdings, Inc. (CURLF) approved compensation arrangements for Chairman and Chief Executive Officer Boris Jordan. His target 2027 short-term incentive opportunity increased from 125% to 200% of his 2027 base salary. Jordan was also awarded a discretionary target bonus of $1 million tied to strategic targets to be evaluated by the Board and Compensation Committee; the award amount is to be determined in March 2028.

Curaleaf granted Jordan 1,344,275 time-based restricted stock units with a grant date fair value of $15,448,435. They will vest in full on January 5, 2028, under the company's 2018 Stock and Incentive Plan.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Target 2027 short-term incentive opportunity before increase 125% of 2027 base salary Boris Jordan's target opportunity before the approved increase
Target 2027 short-term incentive opportunity after increase 200% of 2027 base salary Boris Jordan's approved target opportunity
Discretionary target bonus $1 million Tied to strategic targets; award amount to be determined in March 2028
Time-based restricted stock units 1,344,275 shares Granted to Boris Jordan; vest in full on January 5, 2028
Grant date fair value $15,448,435 Fair value of the time-based restricted stock unit grant
short-term incentive opportunity financial
"target 2027 short-term incentive opportunity"
discretionary target bonus financial
"a discretionary target bonus of $1 million"
time-based restricted stock units financial
"a one-time grant of 1,344,275 time-based restricted stock units"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
grant date fair value financial
"grant date fair value of $15,448,435"
The grant date fair value is the estimated dollar worth of a stock-based award (such as stock options or restricted shares) at the exact moment it is given to an employee or contractor. Investors care because companies use that value to record compensation expenses and to show how much potential ownership and earnings dilution those awards could create—think of it as the price tag placed on a gift card when it is handed over so the company can report the cost now.
2018 Stock and Incentive Plan financial
"pursuant to Curaleaf's 2018 Stock and Incentive Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many restricted stock units did CURLF grant Boris Jordan?

Curaleaf granted Boris Jordan 1,344,275 time-based restricted stock units, with a grant date fair value of $15,448,435. They will vest in full on January 5, 2028.

What compensation changes did CURLF approve for Boris Jordan?

Curaleaf increased Jordan's target 2027 short-term incentive opportunity from 125% to 200% of his 2027 base salary and awarded a discretionary target bonus of $1 million tied to strategic targets. The Board and Compensation Committee will evaluate the targets, and the award amount is to be determined in March 2028.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FALSE0001756770CURALEAF HOLDINGS, INC.British Columbia, Canada333-24908198-1461045250 Harbor Drive, Third Floor,Stamford,Connecticut06902781451-135100017567702026-09-282026-09-28

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): September 28, 2026
CURALEAF HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
British Columbia, Canada
(State or other jurisdiction of
incorporation or organization)
333-249081
(Commission File Number)
98-1461045
(I.R.S. Employer Identification Number)
250 Harbor Drive, Third Floor, Stamford, Connecticut 06902
(Address of principal executive offices and zip code)
( 917 ) 717 - 5875
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report)
___________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act: None.
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company    ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 28, 2026, the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of Curaleaf Holdings, Inc. (“Curaleaf”) and the Board approved certain compensation arrangements for Curaleaf’s Chairman and Chief Executive Officer, Boris Jordan. The Committee and the Board approved these arrangements to support Curaleaf’s performance and strategic objectives.

First, the Committee and the Board increased Mr. Jordan’s target 2027 short-term incentive opportunity from 125% of his 2027 base salary to 200% of his base salary. Second, Mr. Jordan was awarded a discretionary target bonus of $1 million for the achievement of certain strategic targets to be evaluated by the Committee and the Board with the award amount to be determined in March 2028. Third, the Committee and the Board approved a one-time grant of 1,344,275 time-based restricted stock units with a grant date fair value of $15,448,435 that will vest in full on January 5, 2028. The grant was made pursuant to Curaleaf’s 2018 Stock and Incentive Plan and the form of Restricted Unit Award Agreement approved thereunder.




SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
CURALEAF HOLDINGS, INC.
(Registrant)
Date:
October 2, 2026
By:
/s/ Peter Clateman
Name:
Peter Clateman
Title:
Chief Legal Officer

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