Greenlane (GNLN) director files Form 3: 520,833-share warrant

Greenlane Holdings (GNLN) disclosed an insider ownership update.

Rhea-AI Filing Summary

Greenlane Holdings (GNLN) disclosed an insider ownership update. Director William Levy filed an initial statement reporting a Strategic Advisory Warrant for up to 520,833 shares of Class A common stock at an exercise price of $0.01 per share. The warrant was granted on October 23, 2025 in connection with the company’s October 2025 PIPE financing, 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 indirectly through Plus 34 Holdings Inc. Mr. Levy is the sole director of Plus 34 Holdings Inc. and may be deemed to have beneficial ownership, while disclaiming beneficial ownership except to the extent of his pecuniary interest.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider LEVY WILLIAM

Role Director

Type	Security	Shares	Price	Value
holding	Strategic Advisory Warrant	--	--	--

Holdings After Transaction: Strategic Advisory Warrant — 520,833 contracts (Indirect, See Footnote)

Footnotes (2)

1. 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.
2. F2. Securities are held by Plus 34 Holdings Inc. William Levy is the sole director of Plus 34 Holdings Inc. and may be deemed to have beneficial ownership of the securities held by Plus 34 Holdings Inc. Mr. Levy disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

FAQ

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

What did GNLN disclose in this Form 3?

A Strategic Advisory Warrant for up to 520,833 Class A shares at an exercise price of $0.01 per share was reported by Director William Levy.

When does the reported warrant become exercisable?

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

What are the key dates for the GNLN warrant?

Grant date: October 23, 2025; Expiration date: April 23, 2036.

What is the exercise price of the warrant reported by William Levy?

The exercise price is $0.01 per share.

How are the securities held according to the filing?

They are held by Plus 34 Holdings Inc.; Mr. Levy may be deemed a beneficial owner and disclaims beneficial ownership except for his pecuniary interest.

What is the relationship of the reporting person to Greenlane (GNLN)?

The reporting person is a Director of Greenlane Holdings, Inc.

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

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Accepted by SEC EDGAR 11/06/2025 - 09:54 PM Learn about SEC filing dates

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^*

LEVY WILLIAM

(Last) (First) (Middle)

3137 NE 7TH AVENUE, UNIT 2901

(Street)

MIAMI FL 33137

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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	I	See Footnote(2)

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.

2. Securities are held by Plus 34 Holdings Inc. William Levy is the sole director of Plus 34 Holdings Inc. and may be deemed to have beneficial ownership of the securities held by Plus 34 Holdings Inc. Mr. Levy disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

	/s/ William Levy	11/06/2025
	** 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.