Greenlane CEO awarded 1.12M options at $3.84 plus 40K RS

Rhea-AI Filing Summary

Greenlane Holdings (GNLN) insider transaction: The Chief Executive Officer reported equity grants, including 40,000 shares of Class A common stock acquired at $0.00 as restricted stock and a grant of 1,120,000 stock options on 10/20/2025.

The options carry an exercise price of $3.84 (equal to the closing price on October 17, 2025), vest in full upon grant, and expire on 10/20/2030. Following these transactions, the CEO beneficially owns 40,016 Class A shares directly. The filing notes the option grant comes from the company’s 3,000,000-share ESOP distribution approved by the Board on October 19, 2025.

Insights

Equity compensation analyst

Large CEO option grant vests immediately; routine Form 4.

Greenlane Holdings reported a CEO grant of 1,120,000 stock options at an exercise price of $3.84 on 10/20/2025. The grant vests in full upon grant and expires on 10/20/2030. The CEO also received 40,000 restricted shares at $0.00.

The exercise price matches the closing price on 10/17/2025, and the allocation is drawn from a 3,000,000-share ESOP distribution approved on 10/19/2025. After the transactions, direct beneficial ownership stands at 40,016 Class A shares. Actual market impact depends on future exercise and sale decisions permitted under plan terms.

Subsequent filings may provide additional context on aggregate dilution and remaining ESOP capacity; this entry records the insider’s grants and current holdings.

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^*

Sher Barbara

(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)

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

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		40,000	A	$0.00(1)	40,016	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		1,120,000(4)		(3)	10/20/2030	Class A Common Stock	1,120,000	$0.001	1,120,000	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 19, 2025.

	/s/ Barbara Sher	10/22/2025
	** 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.

FAQ

What did GNLN’s CEO report on the latest Form 4?

A grant of 1,120,000 stock options at $3.84 and 40,000 restricted shares at $0.00 on 10/20/2025.

What is the exercise price and vesting for the GNLN CEO options?

The options have a $3.84 exercise price, vest in full upon grant, and expire on 10/20/2030.

How many GNLN shares does the CEO own after these transactions?

The CEO beneficially owns 40,016 Class A shares directly after the reported transactions.

What plan or pool funded the GNLN CEO option grant?

The filing notes the grant is from a 3,000,000‑share ESOP distribution approved by the Board on 10/19/2025.

What type of equity did the CEO receive besides options?

The CEO received 40,000 restricted stock shares issued as compensatory equity under the 2019 Equity Incentive Plan.

What is the expiration date of the CEO’s new options at GNLN?

The options expire on 10/20/2030, five years from the grant date.