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Heitman reports sizable Leef Brands (LEEEF) share and RSU holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Leef Brands Inc. director and Chief Revenue Officer Emily Ashley Heitman filed an initial ownership report showing substantial equity in the company. She holds restricted stock units covering 6,433,864 common shares at an exercise price of $0.20 per share, expiring on December 4, 2035. One third of these RSUs vested on the initial exercise date, with the rest vesting in two equal annual installments. She also directly owns 1,624,007 common shares and indirectly holds 6,399,564 common shares through the EH Trust, where she serves as trustee. The filing reports holdings only and does not show any recent share purchases or sales.

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Insider Heitman Emily Ashley
Role Chief Revenue Officer
Type Security Shares Price Value
holding Restricted Stock Unit (Right to Buy) -- -- --
holding Common Shares -- -- --
holding Common Shares -- -- --
Holdings After Transaction: Restricted Stock Unit (Right to Buy) — 6,433,864 shares (Direct); Common Shares — 1,624,007 shares (Direct); Common Shares — 6,399,564 shares (Indirect, Owned of record by EH Trust, of which Emily Heitman is the trustee)
Footnotes (1)
  1. [object Object]
RSU underlying shares 6,433,864 shares Restricted Stock Unit (Right to Buy) underlying common shares
RSU exercise price $0.20 per share Exercise price for RSUs held by Emily Heitman
RSU expiration December 4, 2035 Expiration date of RSU award
Direct common shares 1,624,007 shares Common Shares directly owned following the reported holdings
Indirect common shares via EH Trust 6,399,564 shares Common Shares held indirectly through EH Trust with Heitman as trustee
Restricted Stock Unit (Right to Buy) financial
"security_title: Restricted Stock Unit (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 0.2000"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: 2035-12-04T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: Owned of record by EH Trust"
vesting financial
"One third of the shares vested upon the initial exercise date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Heitman Emily Ashley

(Last)(First)(Middle)
SUITE 2500 PARK PLACE,
666 BURRARD STREET,

(Street)
VANCOUVER,V6C 2X8

(City)(State)(Zip)

BRITISH COLUMBIA, CANADA

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/26/2026
3. Issuer Name and Ticker or Trading Symbol
Leef Brands Inc. [ LEEEF ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Revenue Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares1,624,007D
Common Shares6,399,564IOwned of record by EH Trust, of which Emily Heitman is the trustee
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit (Right to Buy)12/05/202612/04/2035Common Shares6,433,864(1)$0.2D
Explanation of Responses:
1. One third of the shares vested upon the initial exercise date, and the remaining shares vest and become exercisable in two equal annual installments upon each one year anniversary following the initial exercise date.
/s/ Emily Heitman04/08/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)

FAQ

What does Leef Brands (LEEEF) insider Emily Heitman report in this Form 3?

Emily Ashley Heitman reports her existing equity stake in Leef Brands. The filing lists restricted stock units over 6,433,864 common shares plus 1,624,007 common shares held directly and 6,399,564 shares held indirectly through the EH Trust. It records ownership, not new transactions.

How many Leef Brands (LEEEF) RSUs does Emily Heitman hold and at what price?

Heitman holds restricted stock units over 6,433,864 Leef Brands common shares. These RSUs have an exercise price of $0.20 per share and expire on December 4, 2035. The award represents a large potential equity position if fully vested and exercised.

What is the vesting schedule of Emily Heitman’s Leef Brands (LEEEF) RSUs?

The RSUs vest over three installments. One third vested on the initial exercise date, while the remaining two thirds vest in two equal annual installments on each one-year anniversary after that initial date, subject to the terms of the award.

How many Leef Brands (LEEEF) common shares does Emily Heitman own directly and indirectly?

Heitman directly owns 1,624,007 Leef Brands common shares. She also indirectly holds 6,399,564 common shares through the EH Trust, where she is trustee, giving her significant direct and trust-based exposure to the company’s equity.

Does this Leef Brands (LEEEF) Form 3 show any insider buying or selling?

No, the Form 3 reflects holdings only. All entries are labeled as holdings with no reported share amounts bought or sold. It establishes Emily Heitman’s starting ownership position as a director and executive, rather than reporting new market transactions.