GNLN Form 4: 315,000 options at $3.84 and 15,000 RSAs
Filing Impact
Filing Sentiment
Form Type
4
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
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Persofsky Renah
Role
Director
| 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 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 315,000 shares (Direct);
Class A Common Stock — 15,000 shares (Direct)
Footnotes (1)
- Represents shares of restricted stock issued as compensatory equity under the Company's 2019 Equity Incentive Plan. The exercise price equals the closing price of Greenlane Holdings, Inc. Class A Common Stock on October 17, 2025. 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. 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
What insider transactions did GNLN disclose on this Form 4?
A director received 15,000 restricted shares at $0.00 and stock options for 315,000 shares at an exercise price of $3.84 on 10/20/2025.
What is the exercise price and term of the new GNLN options?
The options have an exercise price of $3.84 and expire on 10/20/2030.
When do the GNLN options vest?
They vest in full upon grant, according to the filing’s explanation.
What plan governed the restricted stock grant at GNLN?
The 2019 Equity Incentive Plan governed the restricted stock issuance.
What is the source of the option allocation at GNLN?
It comes from the Company’s 3,000,000-share ESOP distribution approved by the Board on October 14, 2025.