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  4. [Form 4] Green Thumb Industries Inc. Insider Trading Activity

Green Thumb (OTC: GTBIF) officer reports December insider share sales

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Green Thumb Industries Inc. reported an insider share sale by its General Counsel and Secretary. On 12/29/2025, the officer sold 7,337 subordinate voting shares at a weighted average price of $7.8636 per share. On 12/30/2025, the officer sold an additional 12,663 subordinate voting shares at a weighted average price of $8.3528 per share.

After these transactions, the officer beneficially owns 452,462 subordinate voting shares and 302 multiple voting shares, all held directly. The filing notes that each weighted average price reflects multiple trades within narrow price ranges and that detailed trade-by-trade information is available upon request.

Positive

  • None.

Negative

  • None.
Insider Kravitz Bret
Role GENERAL COUNSEL AND SECRETARY
Sold 20,000 shs ($163K)
Type Security Shares Price Value
Sale Subordinate Voting Shares 12,663 $8.3528 $106K
Sale Subordinate Voting Shares 7,337 $7.8636 $58K
holding Multiple Voting Shares -- -- --
Holdings After Transaction: Subordinate Voting Shares — 452,462 shares (Direct); Multiple Voting Shares — 302 shares (Direct)
Footnotes (1)
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.86 to $7.88, inclusive. The reporting person hereby undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.34 to $8.37, inclusive. The reporting person hereby undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
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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*
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)
12/29/2025
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
Subordinate Voting Shares 12/29/2025 S 7,337 D $7.8636(1) 465,125 D
Subordinate Voting Shares 12/30/2025 S 12,663 D $8.3528(2) 452,462 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:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.86 to $7.88, inclusive. The reporting person hereby undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.34 to $8.37, inclusive. The reporting person hereby undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
/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.
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.

Source: View Original Filing on SEC EDGAR

FAQ

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

Green Thumb Industries disclosed that its General Counsel and Secretary sold subordinate voting shares in two transactions on 12/29/2025 and 12/30/2025.

How many Green Thumb Industries (GTBIF) shares were sold in this filing?

The officer sold 7,337 subordinate voting shares on 12/29/2025 and 12,663 subordinate voting shares on 12/30/2025, as reported in the filing.

At what prices were the Green Thumb Industries (GTBIF) shares sold?

The 12/29/2025 sales had a weighted average price of $7.8636 per share, and the 12/30/2025 sales had a weighted average price of $8.3528 per share.

How many Green Thumb Industries (GTBIF) shares does the insider still own after the sale?

Following the reported transactions, the officer beneficially owns 452,462 subordinate voting shares and 302 multiple voting shares, all held directly.

What role does the reporting person hold at Green Thumb Industries (GTBIF)?

The reporting person is an officer of Green Thumb Industries, serving as General Counsel and Secretary, as indicated in the filing.

How were the share sale prices for Green Thumb Industries (GTBIF) calculated in the filing?

The filing explains that the reported prices are weighted average prices, based on multiple trades within stated price ranges, with detailed trade data available upon request.