Green Thumb Industries (OTCQX: GTBIF) president reports insider share sale

Rhea-AI Filing Summary

Green Thumb Industries Inc. reported an insider share sale by a director who also serves as president. On 12/28/2025, this insider sold 2,500 Super Voting Shares at a price of $798.8 per share, with the price calculated based on an underlying Subordinate Voting Share price of $7.988.

After this transaction, the insider beneficially owned 35,182 Super Voting Shares directly, plus 1,589 Super Voting Shares held through ABG LLC and 1,333 Super Voting Shares held through Three One Four Holdings LLC. The insider also held 760,576 Subordinate Voting Shares directly and additional Subordinate Voting Shares indirectly, including 18,364 through ABG LLC and 1,728 through Three One Four Holdings LLC.

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
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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^*

Georgiadis Anthony

(Last) (First) (Middle)

325 WEST HURON STREET

SUITE 700

(Street)

CHICAGO IL 60654

(City) (State) (Zip)

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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT

3. Date of Earliest Transaction (Month/Day/Year)
12/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Super Voting Shares	12/28/2025		S		2,500	D	$798.8(1)	35,182	D
Super Voting Shares								1,589	I	By ABG LLC
Super Voting Shares								1,333	I	By Three One Four Holdings LLC
Subordinate Voting Shares								760,576	D
Subordinate Voting Shares								18,364	I	By ABG LLC
Subordinate Voting Shares								1,728	I	By Three One Four Holdings LLC

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:

1. The price per Super Voting Share was determined based on a price of $7.988 per underlying Subordinate Voting Share.

	/s/ Kathryn A. Lloyd, Attorney-in-Fact	12/30/2025
	** 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.
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FAQ

What insider transaction did Green Thumb Industries (GTBIF) disclose?

A director who also serves as president of Green Thumb Industries Inc. reported selling 2,500 Super Voting Shares on 12/28/2025.

At what price were the Green Thumb Industries Super Voting Shares sold?

The 2,500 Super Voting Shares were sold at a price of $798.8 per share, based on an underlying Subordinate Voting Share price of $7.988.

How many Green Thumb Industries Super Voting Shares does the insider own after the transaction?

Following the sale, the insider beneficially owned 35,182 Super Voting Shares directly, plus 1,589 through ABG LLC and 1,333 through Three One Four Holdings LLC.

How many Green Thumb Industries Subordinate Voting Shares does the insider hold?

The insider beneficially owned 760,576 Subordinate Voting Shares directly, along with 18,364 through ABG LLC and 1,728 through Three One Four Holdings LLC.

What is the insider’s role at Green Thumb Industries (GTBIF)?

The reporting person is both a director and an officer of Green Thumb Industries Inc., serving in the role of president.

When did the earliest reported Green Thumb Industries insider transaction occur?

The earliest reported transaction date in this disclosure is 12/28/2025.