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Green Thumb (OTC: GTBIF) counsel uses shares to cover tax liability

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

Rhea-AI Filing Summary

Green Thumb Industries Inc. general counsel and secretary Bret Kravitz reported a disposal of Subordinate Voting Shares mainly to cover taxes. On March 1, 2026, he transferred 1,169 Subordinate Voting Shares at a price of 6.58 per share in a tax-withholding disposition. After this, he directly held 443,754 Subordinate Voting Shares and 302 Multiple Voting Shares.

Positive

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Negative

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Insider Kravitz Bret
Role GENERAL COUNSEL AND SECRETARY
Type Security Shares Price Value
Tax Withholding Subordinate Voting Shares 1,169 $6.58 $8K
holding Multiple Voting Shares -- -- --
Holdings After Transaction: Subordinate Voting Shares — 443,754 shares (Direct); Multiple Voting Shares — 302 shares (Direct)
Footnotes (1)
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*
Kravitz Bret

(Last) (First) (Middle)
325 W. 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
GENERAL COUNSEL AND SECRETARY
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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
Subordinate Voting Shares 03/01/2026 F 1,169 D $6.58 443,754 D
Multiple Voting Shares 302 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 03/03/2026
** 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.

FAQ

What insider transaction did Bret Kravitz report for GTBIF on March 1, 2026?

Bret Kravitz reported a tax-related share disposal on March 1, 2026. He transferred 1,169 Subordinate Voting Shares of Green Thumb Industries Inc. in a tax-withholding disposition rather than an open market sale, as indicated by transaction code F.

How many Green Thumb Subordinate Voting Shares did Bret Kravitz dispose of and at what price?

Bret Kravitz disposed of 1,169 Subordinate Voting Shares of Green Thumb Industries Inc. at 6.58 per share. The transaction was coded as payment of tax liability by delivering securities, meaning it was a tax-withholding event rather than a typical market sale.

How many Green Thumb Subordinate Voting Shares does Bret Kravitz own after this Form 4?

After the reported transaction, Bret Kravitz directly owns 443,754 Subordinate Voting Shares of Green Thumb Industries Inc. This figure reflects his holdings following the 1,169-share tax-withholding disposition on March 1, 2026, as disclosed in the Form 4 data.

What Multiple Voting Share holdings did Bret Kravitz report for Green Thumb Industries?

Bret Kravitz reported direct ownership of 302 Multiple Voting Shares of Green Thumb Industries Inc. This figure appears as a holding entry in the Form 4, indicating his post-transaction Multiple Voting Share position, with no specific buy or sell amount disclosed in that line.

Was Bret Kravitz’s Green Thumb share transaction a regular market sale or tax withholding?

The transaction was tax withholding, not a regular market sale. It is coded F, described as payment of exercise price or tax liability by delivering securities, indicating shares were used to satisfy tax obligations instead of being sold on the open market.

What is Bret Kravitz’s role at Green Thumb Industries in this Form 4 filing?

In this Form 4, Bret Kravitz is identified as an officer of Green Thumb Industries Inc. His specified title is “general counsel and secretary,” meaning he serves as the company’s top legal officer and corporate secretary while reporting his personal equity transactions.