GNLN director Donald Hunter reports RS and 315,000 options grant

Rhea-AI Filing Summary

Greenlane Holdings (GNLN) director Donald Hunter reported equity awards on 10/20/2025.

He acquired 15,000 shares of Class A common stock as restricted stock at a reported price of $0.00, issued as compensatory equity under the 2019 Equity Incentive Plan, bringing his directly held non-derivative shares to 15,000.

He was also granted stock options for 315,000 shares at an exercise price of $3.84 per share, which vest in full upon grant and expire on 10/20/2030. The option grant is allocated from the company’s 3,000,000-share ESOP distribution approved by the Board on 10/14/2025.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HUNTER DONALD H

(Last) (First) (Middle)

4800 N FEDERAL HWY, SUITE B200

(Street)

BOCA RATON FL 33431

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Greenlane Holdings, Inc. [ GNLN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
10/20/2025

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	10/20/2025		A		15,000	A	$0.00(1)	15,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$3.84(2)	10/20/2025		A		315,000(4)		(3)	10/20/2030	Class A Common Stock	315,000	$0.001	315,000	D

Explanation of Responses:

1. Represents shares of restricted stock issued as compensatory equity under the Company's 2019 Equity Incentive Plan.

2. The exercise price equals the closing price of Greenlane Holdings, Inc. Class A Common Stock on October 17, 2025.

3. Options vest in full upon grant in consideration of executive service and expire five (5) years from the grant date, unless earlier terminate dunder Plan terms.

4. The option allocation is from the Company's 3,000,000 share ESOP distribution approved and ratified by the Board on October 14, 2025.

	/s/ Donald Hunter	10/22/2025
	** Signature of Reporting Person	Date
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FAQ

What did Greenlane (GNLN) director Donald Hunter report on Form 4?

He reported receiving 15,000 restricted shares and options for 315,000 shares on 10/20/2025.

What is the exercise price and expiration for the reported stock options at GNLN?

The options have an exercise price of $3.84 per share and expire on 10/20/2030.

How many Greenlane shares does Donald Hunter hold after the reported transaction?

He beneficially owns 15,000 non-derivative Class A common shares directly after the transaction.

What plan governed the restricted stock issuance at GNLN?

The 2019 Equity Incentive Plan governed the issuance of the 15,000 restricted shares.

Do the options granted to Donald Hunter vest over time?

No. The options vest in full upon grant in consideration of executive service.

What was the source of the 315,000 option allocation?

They were allocated from the company’s 3,000,000-share ESOP distribution approved on 10/14/2025.

What is Donald Hunter’s relationship to Greenlane?

He is a Director of Greenlane Holdings, Inc.