Green Thumb (GTBIF) CFO gets 57K-share award, withholds stock for taxes

Rhea-AI Filing Summary

Green Thumb Industries Inc. chief financial officer Mathew Faulkner reported routine equity compensation activity involving the company’s shares. On April 1, 2026, he received a grant of 57,339 Subordinate Voting Shares at no cost as a stock award. On the same date, 6,587 Subordinate Voting Shares were disposed of at $6.38 per share to cover tax obligations, reducing the net shares added to his direct holdings.

After these transactions, Faulkner directly holds 471,341 Subordinate Voting Shares and 1,814 Multiple Voting Shares. There are no derivative securities, such as options or warrants, reported as remaining positions in this filing.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider FAULKNER Mathew

Role CHIEF FINANCIAL OFFICER

Type	Security	Shares	Price	Value
Grant/Award	Subordinate Voting Shares	57,339	$0.00	--
Tax Withholding	Subordinate Voting Shares	6,587	$6.38	$42K
holding	Multiple Voting Shares	--	--	--

Holdings After Transaction: Subordinate Voting Shares — 477,928 shares (Direct); Multiple Voting Shares — 1,814 shares (Direct)

Footnotes (1)

Key Figures

Share grant: 57,339 Subordinate Voting Shares Tax-withholding shares: 6,587 Subordinate Voting Shares Tax-withholding price: $6.38 per share +2 more

5 metrics

Share grant 57,339 Subordinate Voting Shares Award to CFO on April 1, 2026

Tax-withholding shares 6,587 Subordinate Voting Shares Shares disposed to cover taxes at $6.38

Tax-withholding price $6.38 per share Value used for tax-withholding disposition

Post-transaction Subordinate Voting holdings 471,341 shares Direct holdings after award and tax withholding

Multiple Voting holdings 1,814 shares Direct holdings after reported transactions

Key Terms

Subordinate Voting Shares, Multiple Voting Shares, Grant, award, or other acquisition, tax-withholding disposition, +1 more

5 terms

Subordinate Voting Shares financial

"security_title": "Subordinate Voting Shares""

Subordinate voting shares are a type of company stock that typically carry fewer voting rights than regular shares, meaning holders have less influence over company decisions. They are often used to raise capital while allowing founders or main shareholders to retain control. For investors, understanding the difference helps assess their level of influence in company decisions and the potential risks or benefits of holding different types of shares.

Multiple Voting Shares financial

"security_title": "Multiple Voting Shares""

Shares that carry more votes per share than regular shares, giving their holders greater control over corporate decisions such as board elections and major strategic moves. For investors this matters because a small group holding multiple voting shares can steer the company’s direction irrespective of economic ownership, similar to a few people holding the keys to a car even if many others own parts of it, which affects governance risk and influence on value.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Payment of exercise price or tax liability by delivering securities financial

"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

FAULKNER Mathew

(Last) (First) (Middle)

325 WEST HURON STREET

SUITE 700

(Street)

CHICAGO ILLINOIS 60654

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Green Thumb Industries Inc. [ GTII/GTBIF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF FINANCIAL OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Subordinate Voting Shares	04/01/2026		A		57,339	A	$0	477,928	D
Subordinate Voting Shares	04/01/2026		F		6,587	D	$6.38	471,341	D
Multiple Voting Shares								1,814	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Kathryn A. Lloyd, Attorney-in-Fact	04/03/2026
	** Signature of Reporting Person	Date
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)

FAQ

What insider transactions did GTBIF CFO Mathew Faulkner report?

CFO Mathew Faulkner reported a grant of 57,339 Subordinate Voting Shares and a tax-withholding disposition of 6,587 shares at $6.38 per share. These entries reflect routine equity compensation and related tax withholding rather than open-market buying or selling.

How many Green Thumb (GTBIF) shares does the CFO hold after this Form 4?

After the reported transactions, the CFO directly holds 471,341 Subordinate Voting Shares and 1,814 Multiple Voting Shares. These figures show his ongoing equity stake in Green Thumb Industries following the stock award and related tax-withholding share disposition.

Was the Green Thumb (GTBIF) CFO share grant an open-market purchase?

No, the CFO’s 57,339 Subordinate Voting Shares were acquired through a grant or award at a price of $0.00 per share. This indicates compensation-related equity, not an open-market purchase decision on a stock exchange.

What does the tax-withholding transaction mean in the GTBIF Form 4?

The Form 4 shows a tax-withholding disposition of 6,587 Subordinate Voting Shares at $6.38 per share. This means shares were surrendered to satisfy tax liabilities on the award, rather than sold as a discretionary market trade.

Did the Green Thumb (GTBIF) CFO exercise any options or derivatives in this filing?

No, the filing’s derivativeSummary is empty, and there are no transactions coded as option exercises or other derivative conversions. The activity is limited to common share awards and tax-withholding, with no remaining derivative positions reported.