Leef Brands (LEEEF) CFO boosts stake with open-market share and warrant buys

Rhea-AI Filing Summary

Leef Brands Inc. Chief Financial Officer Kevin John Wilson reported buying additional equity on the open market. He purchased 54,348 Common Shares at $0.25 per share and acquired 54,348 Warrants linked to Common Shares with a $0.30 exercise price. Following these transactions, he holds 901,581 Common Shares and 70,348 Warrants directly.

Insights

Equity compensation and insider-trading analyst

CFO made open-market purchases of Leef Brands shares and warrants, expanding his direct stake.

The filing shows CFO Kevin John Wilson executed open-market purchases of 54,348 Common Shares at $0.25 each, plus 54,348 Warrants exercisable at $0.30. These are deliberate buy transactions, not option vesting or tax-related movements.

After these trades, he directly holds 901,581 Common Shares and 70,348 Warrants. This increases his exposure to both current equity and potential future shares if the warrants are exercised before their May 15, 2028 expiration, but the overall dollar value appears relatively modest.

Insider Trade Summary

Net Buyer: 108,696 shares ($13,587)

Net Buy 2 txns

Insider Wilson Kevin John

Role Chief Financial Officer

Bought 108,696 shs ($14K)

Type	Security	Shares	Price	Value
Purchase	Warrant	54,348	$0.00	--
Purchase	Common Shares	54,348	$0.25	$14K

Holdings After Transaction: Warrant — 70,348 shares (Direct, null); Common Shares — 901,581 shares (Direct, null)

Footnotes (1)

Key Figures

Common Shares purchased: 54,348 shares at $0.25 Total Common Shares after transaction: 901,581 shares Warrants purchased: 54,348 warrants +4 more

7 metrics

Common Shares purchased 54,348 shares at $0.25 Open-market purchase on May 18, 2026

Total Common Shares after transaction 901,581 shares Direct holdings after May 18, 2026 trades

Warrants purchased 54,348 warrants Derivative purchase on May 18, 2026

Warrant exercise price $0.30 per share Conversion or exercise price for underlying Common Shares

Total Warrants after transaction 70,348 warrants Direct warrant holdings following the trade

Net shares bought 108,696 shares Net buy from transaction summary (common plus warrant-related)

Warrant expiration date May 15, 2028 Expiration date of acquired Warrants

Key Terms

open-market purchase, Warrant, conversion or exercise price, Common Shares

4 terms

open-market purchase financial

"transaction_action is described as "open-market purchase" for both entries"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Warrant financial

"One transaction involves a derivative security titled "Warrant""

A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.

conversion or exercise price financial

"The Warrant record lists a "conversion_or_exercise_price" of 0.3000"

Common Shares financial

"Both the non-derivative security and the Warrant’s underlying security are "Common Shares""

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

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^*

Wilson Kevin John

(Last) (First) (Middle)

SUITE 2500 PARK PLACE,

666 BURRARD STREET

(Street)

VANCOUVER, BC V6C 2X8

(City) (State) (Zip)

BRITISH COLUMBIA, CANADA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Leef Brands Inc. [ LEEEF ]

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

X	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)
05/18/2026

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
Common Shares	05/18/2026		P		54,348	A	$0.25	901,581	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
Warrant	$0.3	05/18/2026		P		54,348		09/16/2026	05/15/2028	Common Shares	54,348	$0.00	70,348	D

Explanation of Responses:

	/s/ Kevin Wilson	05/21/2026
	** 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 did Leef Brands (LEEEF) CFO Kevin John Wilson buy in this Form 4?

He bought 54,348 Leef Brands Common Shares at $0.25 per share and 54,348 Warrants tied to Common Shares with a $0.30 exercise price. Both transactions are coded as open-market purchases and increase his direct economic stake.

How many Leef Brands (LEEEF) shares does the CFO own after this transaction?

Following the reported trades, Kevin John Wilson directly holds 901,581 Leef Brands Common Shares. This figure reflects his position after purchasing 54,348 additional shares in the open market, according to the Form 4 summary of total shares following the transaction.

What are the terms of the Warrants acquired by the Leef Brands (LEEEF) CFO?

The CFO acquired 54,348 Warrants with an exercise price of $0.30 per underlying Common Share. These Warrants relate to 54,348 underlying Common Shares and are scheduled to expire on May 15, 2028, providing potential additional equity exposure if exercised.

How many Leef Brands (LEEEF) Warrants does the CFO hold after this filing?

After the transaction, Kevin John Wilson holds 70,348 Warrants in total. The Form 4 shows he acquired 54,348 new Warrants in this trade, bringing his warrant holdings to that post-transaction balance as disclosed in the derivative transaction record.

Is this Leef Brands (LEEEF) Form 4 a buy or sell transaction overall?

Overall, the Form 4 reflects net buying activity. The transaction summary reports two buy transactions totaling 108,696 shares and no sales, with the net buy/sell direction classified as “net-buy” based on the combined common share and warrant purchases.