Greenlane (GNLN) director granted 520,833-share warrant at $0.01

Greenlane Holdings (GNLN): Director Form 4 filing — Director William Levy reported the grant of 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.

Rhea-AI Filing Summary

Greenlane Holdings (GNLN): Director Form 4 filing — Director William Levy reported the grant of 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. The grant date was October 23, 2025, 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. The securities are held indirectly by Plus 34 Holdings Inc., of which Mr. Levy is the sole director; he may be deemed to beneficially own the securities and disclaims beneficial ownership except to the extent of his pecuniary interest.

Insider Trade Summary

Grant/Award: 520,833 shares

Grant/Award 1 txn

Insider LEVY WILLIAM

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Strategic Advisory Warrant	520,833	$0.01	$5K

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 Greenlane (GNLN) disclose in this Form 4?

A grant of a Strategic Advisory Warrant to William Levy to purchase up to 520,833 Class A shares at $0.01 per share, dated 10/23/2025.

How many shares are covered by the warrant reported by GNLN?

The warrant covers up to 520,833 shares of Class A common stock.

What is the exercise price of the warrant in the GNLN filing?

The exercise price is $0.01 per share.

When does the GNLN warrant become exercisable?

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

When does the warrant reported by GNLN expire?

The warrant expires on 04/23/2036.

How is ownership of the reported securities held?

The securities are held by Plus 34 Holdings Inc.; William Levy is its sole director and may be deemed to have beneficial ownership, which he disclaims except for his pecuniary interest.

What is the context for granting the warrant?

It was granted as compensation for advisory services related to Greenlane’s October 2025 PIPE financing.

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

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Accepted by SEC EDGAR 11/06/2025 - 09:57 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

LEVY WILLIAM

(Last) (First) (Middle)

3137 NE 7TH AVENUE, UNIT 2901

(Street)

MIAMI FL 33137

(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)
10/23/2025

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

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
Strategic Advisory Warrant(1)	$0.01	10/23/2025		A		520,833		04/23/2026	04/23/2036	Class A Common Stock	520,833	$0.01	520,833	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 4 (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.