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GNLN insider awarded Strategic Advisory Warrant; exercisable in 6 months

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Greenlane Holdings (GNLN) disclosed an insider equity award. The company’s Chief Investment Officer received a Strategic Advisory Warrant to purchase up to 520,833 shares of Class A common stock at $0.01 per share. The warrant was granted on October 23, 2025 as compensation for advisory services in connection with the company’s October 2025 PIPE financing. It becomes exercisable six months after issuance, subject to stockholder approval under Nasdaq Listing Rule 5635(c), and expires on April 23, 2036.

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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Isenberg Ben

(Last) (First) (Middle)
340 WEST BAY STREET

(Street)
NASSAU C5

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/23/2025
3. Issuer Name and Ticker or Trading Symbol
Greenlane Holdings, Inc. [ GNLN ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Investment Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Strategic Advisory Warrant(1) 04/23/2026 04/23/2036 Class A Common Stock 520,833 $0.01 D
Explanation of Responses:
1. On October 23, 2025, the reporting person was granted a Strategic Advisory Warrant to purchase up to 520,833 shares of Class A common stock of Greenlane Holdings, Inc. at an exercise price of $0.01 per share as compensation for advisory services in connection with the Company's October 2025 PIPE financing. The warrant becomes exercisable six months after issuance (subject to stockholder approval under Nasdaq Listing Rule 5635(c)) and expires on April 23, 2036.
/s/ Benjamin Isenberg 10/27/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did GNLN disclose about insider activity?

Greenlane’s Chief Investment Officer received a Strategic Advisory Warrant to purchase shares as part of compensation for advisory services tied to the October 2025 PIPE.

How many GNLN shares are covered and at what price?

The warrant covers up to 520,833 Class A shares at an exercise price of $0.01 per share.

When does the GNLN warrant become exercisable?

It becomes exercisable six months after issuance, subject to stockholder approval under Nasdaq Listing Rule 5635(c).

When does the GNLN warrant expire?

The warrant expires on April 23, 2036.

What was the consideration for the warrant grant at GNLN?

The grant was compensation for advisory services in connection with Greenlane’s October 2025 PIPE financing.

Who is the reporting person in the GNLN filing?

The filing is signed by Benjamin Isenberg, the company’s Chief Investment Officer.
Greenlane Holdings

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