STOCK TITAN

Glass House insider plans sale of 40,000 shares

Glass House Brands Inc. (GLAS) insider Kyle Kazan, Chairman and CEO, filed a notice of proposed sale of 40,000 Subordinate Voting Shares under Rule 144.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Glass House Brands Inc. (GLAS) insider Kyle Kazan, Chairman and CEO, filed a notice of proposed sale of 40,000 Subordinate Voting Shares under Rule 144. The shares are to be sold through Ventum Financial Corp. on the NYSE, with an aggregate market value of $416,000.00.

The notice cites RSUs acquired on June 1, 2024 and February 1, 2025, and states an anticipated sale period from August 28, 2026 through September 11, 2026. The filing also reports a prior sale on June 11, 2026 of 125,000 Subordinate, Restricted and Limited Voting Shares for $1,416,250.00.

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Shares to be sold under Rule 144 40,000 Subordinate Voting Shares Planned sale by Kyle Kazan through Ventum Financial Corp.
Aggregate market value of planned sale $416,000.00 Value of 40,000 Subordinate Voting Shares in Rule 144 notice
Shares outstanding 87,997,984 shares Outstanding shares listed in securities information section
RSU vesting acquisition 58,036 Subordinate Voting Shares Employment related RSU vesting on June 1, 2024
Prior 3-months sale volume 125,000 shares Subordinate, Restricted and Limited Voting Shares sold on June 11, 2026
Prior 3-months sale proceeds $1,416,250.00 Total consideration for 125,000 shares sold on June 11, 2026
Anticipated sale period August 28, 2026 through September 11, 2026 Period stated for the Rule 144 sales
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Subordinate Voting Shares financial
"Subordinate Voting Shares | Ventum Financial Corp."
Subordinate voting shares are a type of company stock that typically carry fewer voting rights than regular shares, meaning holders have less influence over company decisions. They are often used to raise capital while allowing founders or main shareholders to retain control. For investors, understanding the difference helps assess their level of influence in company decisions and the potential risks or benefits of holding different types of shares.
Restricted Voting Shares financial
"Subordinate Voting Shares, Restricted Voting Shares and Limited Voting Shares"
Limited Voting Shares financial
"Subordinate Voting Shares, Restricted Voting Shares and Limited Voting Shares"
RSU Vesting financial
"Employment Related -- RSU Vesting | Glass House Brands Inc."
RSU vesting is the process by which restricted stock units — a promise by a company to give shares to an employee — become actual, owned shares over time or when certain goals are met. Investors care because vested shares can dilute existing ownership when issued, and the timing of vesting affects when employees can sell shares, which can influence share supply, insider selling patterns, and company incentives.

FAQ

What insider sale is disclosed for Glass House Brands Inc. (GLAS)?

The filing discloses that Kyle Kazan plans to sell 40,000 Subordinate Voting Shares of Glass House Brands Inc. through Ventum Financial Corp., with an aggregate market value of $416,000.00, under Rule 144.

What is the anticipated sale period for the GLAS shares in this Form 144?

The anticipated sale period for the Glass House Brands Inc. shares is from August 28, 2026 through September 11, 2026, as stated in the remarks section.

How many Glass House Brands (GLAS) shares did Kyle Kazan sell in the past 3 months?

The notice reports that on June 11, 2026, Kyle Kazan sold 125,000 Subordinate Voting Shares, Restricted Voting Shares and Limited Voting Shares of Glass House Brands Inc. for total proceeds of $1,416,250.00.

How many Glass House Brands (GLAS) shares are outstanding according to the notice?

The securities information section lists 87,997,984 shares outstanding for Glass House Brands Inc. in connection with the Rule 144 sale of Subordinate Voting Shares.

On which exchange are the GLAS shares in this Form 144 expected to be sold?

The Subordinate Voting Shares of Glass House Brands Inc. referenced in this Form 144 are indicated for sale on the NYSE.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature