Greenlane (GNLN) Form 3: 520,833-share warrant at $0.01
Greenlane Holdings (GNLN) disclosed an insider ownership report for director Bruce Linton.
Rhea-AI Filing Summary
Greenlane Holdings (GNLN) disclosed an insider ownership report for director Bruce Linton. He was granted a Strategic Advisory Warrant to purchase up to 520,833 shares of Class A common stock at an exercise price of $0.01 per share as compensation for advisory services related to 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. The securities are held by The Linton Family Trust (2040), for which Mr. Linton serves as trustee; he disclaims beneficial ownership except to the extent of his pecuniary interest.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Strategic Advisory Warrant | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. Securities are held by The Linton Family Trust (2040). Bruce Linton is the trustee of The Linton Family Trust (2040) and may be deemed to have beneficial ownership of the securities held by The Linton Family Trust (2040). Mr. Linton disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
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