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Grown Rogue International (GRUSF) awards CFO 100,000 RSUs vesting by 2027

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Form Type
4

Rhea-AI Filing Summary

Marchington Andrew reported acquisition or exercise transactions in this Form 4 filing.

Grown Rogue International Inc. granted its Chief Financial Officer, Andrew Marchington, 100,000 restricted stock units (RSUs), each representing a contingent right to receive one subordinate voting share. The RSUs were granted on July 21, 2026 and vest in full on the earlier of January 1, 2027 or his termination of service, and they do not expire.

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Insider Marchington Andrew
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2, F3 100,000 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 100,000 shares (Direct)
Footnotes (3)
  1. F1. Each restricted stock unit ("RSU") represents a contingent right to receive one subordinate voting share.
  2. F2. The RSUs were granted on July 21, 2026 under the Issuer's equity incentive plan. The RSU's will vest in full on the earlier of (i) January 1, 2027, or (ii) immediately on the date of the reporting person's termination of service.
  3. F3. The RSUs do not expire.
RSUs granted 100,000.0000 RSUs Restricted Stock Units granted to CFO Andrew Marchington on July 21, 2026
Underlying shares 100,000.0000 subordinate voting shares Subordinate voting shares underlying the granted RSUs
Transaction price per RSU $0.0000 per RSU Reported transaction price per share for the RSU grant
Vesting date January 1, 2027 RSUs vest in full on the earlier of this date or termination of service
Restricted Stock Units financial
"granted its Chief Financial Officer, Andrew Marchington, 100,000 restricted stock units (RSUs)"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
subordinate voting share financial
"Each RSU represents a contingent right to receive one subordinate voting share"
A subordinate voting share is a class of common stock that provides the same claim on a company’s profits as other shares but carries fewer voting rights on corporate decisions. For investors this matters because it affects how much influence they have over management and strategy—like owning the same size slice of a pie but having a smaller voice at the decision table—which can impact control, governance and long‑term value.
equity incentive plan financial
"RSUs were granted on July 21, 2026 under the Issuer's equity incentive plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vest in full financial
"The RSU's will vest in full on the earlier of January 1, 2027"

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

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FAQ

What equity award did Grown Rogue (GRUSF) grant its CFO Andrew Marchington?

Grown Rogue granted its CFO 100,000 restricted stock units (RSUs). Each RSU is a contingent right to receive one subordinate voting share, awarded under the company’s equity incentive plan on July 21, 2026 as part of executive compensation.

How many RSUs did the Grown Rogue (GRUSF) CFO receive and at what price?

Andrew Marchington received 100,000 RSUs at a reported price of $0.0000 per unit. This reflects a non-cash equity incentive award rather than an open-market purchase, increasing his direct equity-based interest in Grown Rogue International Inc.

When do the CFO’s RSUs at Grown Rogue (GRUSF) vest?

The RSUs vest in full on the earlier of January 1, 2027 or the date of Andrew Marchington’s termination of service. This creates a relatively short vesting horizon, aligning his compensation with near-term company performance and retention.

What does each RSU represent for Grown Rogue (GRUSF) shareholders?

Each RSU represents a contingent right to receive one subordinate voting share of Grown Rogue. Upon vesting and settlement, the units can convert into actual subordinate voting shares, potentially increasing the company’s outstanding share count by up to 100,000 shares.

Do the granted RSUs at Grown Rogue (GRUSF) have an expiration date?

The disclosure states that the RSUs do not expire. While vesting is scheduled by January 1, 2027 or earlier on termination of service, the units themselves are not subject to a contractual expiration date once granted.
SEC Form 4
FORM 4UNITED 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*
Marchington Andrew

(Last)(First)(Middle)
6920 MISSISSIPPI DRIVE

(Street)
VANCOUVER WASHINGTON 98664

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Grown Rogue International Inc. [ GRUSF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)07/21/2026A100,000 (2) (3)Subordinate Voting Shares100,000$0(1)100,000D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one subordinate voting share.
2. The RSUs were granted on July 21, 2026 under the Issuer's equity incentive plan. The RSU's will vest in full on the earlier of (i) January 1, 2027, or (ii) immediately on the date of the reporting person's termination of service.
3. The RSUs do not expire.
Andrew Marchington07/28/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)