Grown Rogue (OTC: GRUSF) CEO granted 1M RSUs vesting in 2029
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one subordinate voting share.
- 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.
- F3. The RSUs do not expire.
Key Figures
RSUs granted: 1000000.0000 units
Underlying shares: 1000000.0000 shares
Grant price per RSU: 0.0000
+3 more
6 metrics
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
Key Terms
Restricted Stock Units, subordinate voting share, equity incentive plan, contingent right
4 terms
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.
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.
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.
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.