GNLN Form 4: 315,000 options at $3.84; 5,000 shares granted

Rhea-AI Filing Summary

Greenlane Holdings (GNLN) reported an insider equity grant. On 10/20/2025, a Director acquired 5,000 shares of Class A common stock at $0.00 as restricted stock under the 2019 Equity Incentive Plan. The filing also reports a grant of 315,000 stock options at an exercise price of $3.84, vesting in full upon grant and expiring on 10/20/2030.

Following these transactions, the Director beneficially owns 5,000 shares and 315,000 options. The option grant was 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

OMB APPROVAL

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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^*

HOWE MICHAEL C

(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		5,000	A	$0.00(1)	5,000	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/ Michael Howe	10/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did GNLN report on Form 4?

A Director received 5,000 restricted shares at $0.00 and 315,000 stock options at a $3.84 exercise price on 10/20/2025.

How many securities does the reporting person own after the transactions for GNLN?

The filing lists 5,000 Class A shares and 315,000 stock options as beneficially owned.

What are the key terms of the GNLN option grant?

315,000 options at a $3.84 exercise price, vesting in full upon grant, with an expiration date of 10/20/2030.

Under what plan were the GNLN restricted shares issued?

They were issued as compensatory equity under the Company’s 2019 Equity Incentive Plan.

What is the source of the GNLN option allocation?

The options came from a 3,000,000-share ESOP distribution approved and ratified by the Board on 10/14/2025.

What was the price paid for the GNLN restricted shares?

The restricted shares were reported at $0.00.