Greenlane (GNLN) director gets 315,000 options, 15,000 shares
Greenlane Holdings (GNLN) reported an insider equity grant.
Rhea-AI Filing Summary
Greenlane Holdings (GNLN) reported an insider equity grant. A director acquired 15,000 shares of Class A Common Stock on 10/20/2025 at a reported price of $0.00, noted as restricted stock issued under the 2019 Equity Incentive Plan. The filing also reports a grant of stock options for 315,000 shares of Class A Common Stock at an exercise price of $3.84.
The options vest in full upon grant and carry an expiration date of 10/20/2030. Following the transactions, the director reports 15,000 shares directly owned and 315,000 options directly held. The option allocation is described as part of the Company’s 3,000,000-share ESOP distribution approved by the Board on October 14, 2025.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 315,000 | $0.001 | $315.00 |
| Grant/Award | Class A Common Stock | 15,000 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents shares of restricted stock issued as compensatory equity under the Company's 2019 Equity Incentive Plan.
- F2. The exercise price equals the closing price of Greenlane Holdings, Inc. Class A Common Stock on October 17, 2025.
- F3. 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.
- F4. The option allocation is from the Company's 3,000,000 share ESOP distribution approved and ratified by the Board on October 14, 2025.
FAQ
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What insider transactions did GNLN disclose on this Form 4?
What is the exercise price and term of the new GNLN options?
When do the GNLN options vest?
What plan governed the restricted stock grant at GNLN?
What is the source of the option allocation at GNLN?
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