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Grown Rogue International (GRUSF) awards 120,000 RSUs to board director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Conacher Sean reported acquisition or exercise transactions in this Form 4 filing.

Grown Rogue International Inc. director Sean Conacher received a grant of 120,000 Restricted Stock Units (RSUs) on July 21, 2026 under the company’s equity incentive plan. Each RSU represents one subordinate voting share and will vest in full on the earlier of January 1, 2029 or his termination of service. Following this award, he directly holds 120,000 RSUs, which do not expire.

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Insider Conacher Sean
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2, F3 120,000 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 120,000 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, 2029, or (ii) immediately on the date of the reporting person's termination of service.
  3. F3. The RSUs do not expire.
RSUs granted 120000 RSUs Grant of Restricted Stock Units to director on July 21, 2026
Grant price per RSU $0.0000 per RSU Stated transaction price for the RSU award
RSUs after transaction 120000 RSUs Total RSUs directly held by Sean Conacher following the grant
Vesting date January 1, 2029 Full vesting occurs on the earlier of this date or termination of service
Underlying shares per RSU 1 subordinate voting share Each RSU represents a contingent right to receive one share
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one"
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
"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
"The 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.

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

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FAQ

What insider transaction did Grown Rogue International (GRUSF) report for Sean Conacher?
Grown Rogue International reported that director Sean Conacher received a grant of 120,000 Restricted Stock Units (RSUs) on July 21, 2026. The RSUs were issued under the company’s equity incentive plan as a compensation-related award.

How many RSUs did Grown Rogue International (GRUSF) grant to Sean Conacher and at what price?
Sean Conacher was granted 120,000 RSUs at a stated price of $0.0000 per unit. This reflects a compensation grant, not an open-market purchase, and each RSU is tied to one subordinate voting share of the company.

When do Sean Conacher’s Grown Rogue International (GRUSF) RSUs vest?
The RSUs granted to Sean Conacher will vest in full on the earlier of January 1, 2029 or the date his service with the company terminates. Until vesting, they represent a contingent right to receive subordinate voting shares.

What does each RSU granted by Grown Rogue International (GRUSF) to Sean Conacher represent?
Each Restricted Stock Unit granted to Sean Conacher represents a contingent right to receive one subordinate voting share. Upon vesting, the RSUs can be settled in these shares according to the terms of the equity incentive plan.

How many RSUs does Sean Conacher hold after this Grown Rogue International (GRUSF) transaction?
Following the July 21, 2026 grant, Sean Conacher directly holds 120,000 RSUs. These RSUs do not expire and are scheduled to vest in full based on the earlier of a fixed date or his termination of service.

Were Sean Conacher’s Grown Rogue International (GRUSF) RSUs granted under an equity incentive plan?
Yes. The 120,000 RSUs awarded to Sean Conacher on July 21, 2026 were granted under Grown Rogue International’s equity incentive plan, indicating they are part of the company’s structured compensation program for insiders.
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*
Conacher Sean
(Last)(First)(Middle)
102 WENSLEY STREET
(Street)
CLARKSBURGN0H 1J0
(City)(State)(Zip)
ONTARIO, CANADA
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
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)07/21/2026A120,000 (2) (3)Subordinate Voting Shares120,000$0(1)120,000D
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, 2029, or (ii) immediately on the date of the reporting person's termination of service.
3. The RSUs do not expire.
Sean Conacher07/28/2026
** 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)

Source: View Original Filing on SEC EDGAR