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Grown Rogue (OTC: GRUSF) CEO granted 1M RSUs vesting in 2029

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Form Type
4

Rhea-AI Filing Summary

Strickler Jesse reported acquisition or exercise transactions in this Form 4 filing.

Grown Rogue International Inc. reports that Chief Executive Officer and 10% owner Jesse Strickler received a grant of 1,000,000 Restricted Stock Units on July 21, 2026 under its equity incentive plan at $0.0000 per unit.

Each RSU represents a contingent right to receive one subordinate voting share and will vest in full on the earlier of January 1, 2029 or the date his service terminates. The RSUs do not expire, and following this award he holds 1,000,000 RSUs directly.

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Insider Strickler Jesse
Role Chief Executive Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2, F3 1,000,000 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 1,000,000 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 1000000.0000 units Restricted Stock Units granted to CEO on July 21, 2026
Underlying shares 1000000.0000 shares Subordinate voting shares underlying the RSU grant
Grant price per RSU 0.0000 Dollar price per Restricted Stock Unit in the award
RSU holdings after transaction 1000000.0000 units Total Restricted Stock Units held directly by Jesse Strickler after the grant
Vesting date January 1, 2029 Cliff vesting date unless earlier termination of service occurs
Grant date July 21, 2026 Date the Restricted Stock Units were granted under the equity incentive plan
Restricted Stock Units financial
"security title "Restricted Stock Units" granted to the CEO"
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.
contingent right financial
"Each RSU represents a contingent right to receive one subordinate voting share"

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

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FAQ

What insider transaction did Grown Rogue (GRUSF) disclose for Jesse Strickler?

Grown Rogue (GRUSF) disclosed that CEO and 10% owner Jesse Strickler received 1,000,000 Restricted Stock Units on July 21, 2026. The award was granted under the company’s equity incentive plan at a price of $0.0000 per unit as compensation, not an open-market purchase.

How many shares could the new RSUs give Grown Rogue (GRUSF) CEO Jesse Strickler?

The grant covers 1,000,000 Restricted Stock Units, each representing a contingent right to receive one subordinate voting share. If fully vested and settled, the award would therefore correspond to 1,000,000 subordinate voting shares issued to the CEO.

When do the new RSUs for Grown Rogue (GRUSF) CEO vest?

The RSUs will vest in full on the earlier of January 1, 2029 or the date of Jesse Strickler’s termination of service. This single cliff-vesting schedule means no partial vesting before that date or event is described in the disclosure.

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

The filing states that the RSUs do not expire. They remain outstanding until they either vest and convert into subordinate voting shares or are otherwise settled or forfeited under the terms of Grown Rogue International Inc.’s equity incentive plan.

What is Jesse Strickler’s RSU holding in Grown Rogue (GRUSF) after this grant?

After this award, Jesse Strickler holds 1,000,000 Restricted Stock Units directly, as reported in the Form 4. These RSUs are tied to an equal number of subordinate voting shares, subject to vesting and settlement conditions outlined in the equity incentive plan.
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*
Strickler Jesse

(Last)(First)(Middle)
2802 OAKRIDGE AVE

(Street)
CENTRAL POINT OREGON 97502

(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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive 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)07/21/2026A1,000,000 (2) (3)Subordinate Voting Shares1,000,000$0(1)1,000,000D
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.
Jesse Strickler07/28/2026
** 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)