Glass House Brands Inc. executive William Tu, SVP and Corporate Controller, filed an initial ownership report. He directly holds Equity Shares of the company and a significant package of Restricted Stock Units (RSUs) that convert into Equity Shares on future vesting dates.
The filing shows 159,204 RSUs outstanding, each representing one Equity Share at settlement, and 26,302 Equity Shares held directly. The RSUs come from grants made in July 2023, September 2024, and February 2025, with vesting scheduled in quarterly installments from May 2026 through September 2028, subject to the terms of the applicable award agreements.
Glass House Brands Inc. (GHBWF) insider Kyle Kazan has filed a Form 144 notice to sell 55,000 Subordinate Voting Shares, Restricted Voting Shares and Limited Voting Shares.
The planned sale is to be executed through Ventum Financial Corp. on the OTCQX market, with an aggregate market value of $396,468.00. The filing notes that 73,763,122 shares of this class were outstanding. These shares were acquired on 07/12/2023 via an employment-related non-qualified stock option (NQSO).
The notice also discloses that Kazan sold 51,632 similar shares on 09/29/2025 for gross proceeds of $387,607.00 during the prior three months.