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MariMed CFO Mario Pinho converts awards to 38,282 shares

The chief financial officer's remaining RSUs are scheduled to vest in equal installments on January 15 and April 15, 2027.

(Neutral)

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Form Type
4

Rhea-AI Filing Summary

Marimed Inc. Chief Financial Officer Mario Pinho converted 38,282 RSUs into 38,282 common shares on October 15, 2026, on a one-for-one basis. The issuer withheld 11,236 shares to satisfy tax withholding obligations at $0.06 per share; Pinho held 76,562 RSUs following the transaction.

Insider Pinho Mario
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units (RSU) F1, F3 38,282 $0.00 $0.00
Exercise Common stock F1 38,282 $0.00 $0.00
Tax Withholding Common stock F2 11,236 $0.06 $674.16
Holdings After Transaction: Restricted Stock Units (RSU) — 76,562 contracts (Direct); Common stock — 362,218 shares (Direct)
Footnotes (3)
  1. F1. RSUs convert to shares of common stock on a one-for-one basis.
  2. F2. Reflects shares of common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
  3. F3. The RSUs were granted on April 15, 2026; the remaining RSUs under this grant will vest in two equal installments on each of January 15, 2027 and April 15, 2027, in accordance with the terms of an award agreement between the Issuer and the Reporting Person.
RSUs converted 38,282 RSUs October 15, 2026
Common shares acquired 38,282 shares October 15, 2026
Shares withheld for tax obligations 11,236 shares In connection with RSU vesting
Withholding price $0.06 per share Shares withheld in connection with RSU vesting
RSUs following transaction 76,562 RSUs Following the October 15, 2026 transaction
Restricted Stock Units (RSU) financial
"RSUs convert to shares of common stock on a one-for-one basis."
one-for-one basis technical
"RSUs convert to shares of common stock on a one-for-one basis."
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations"
award agreement regulatory
"in accordance with the terms of an award agreement"
An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did MRMD CFO Mario Pinho convert?

Mario Pinho converted 38,282 RSUs into 38,282 common shares on October 15, 2026, on a one-for-one basis.

How many MRMD shares were withheld for taxes?

The issuer withheld 11,236 common shares to satisfy tax withholding obligations in connection with vesting, at $0.06 per share.

When do MRMD's remaining RSUs vest?

The remaining RSUs under the April 15, 2026 grant will vest in two equal installments on January 15, 2027 and April 15, 2027, under the award agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Pinho Mario

(Last)(First)(Middle)
C/O MARIMED INC.
10 OCEANA WAY

(Street)
NORWOOD MASSACHUSETTS 02062

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MARIMED INC. [ MRMD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common stock10/15/2026M38,282A$0(1)373,454D
Common stock10/15/2026F11,236(2)D$0.06362,218D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (RSU)(1)10/15/2026M38,282 (3) (3)Common Stock, par value $.001 per share38,282$076,562D
Explanation of Responses:
1. RSUs convert to shares of common stock on a one-for-one basis.
2. Reflects shares of common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
3. The RSUs were granted on April 15, 2026; the remaining RSUs under this grant will vest in two equal installments on each of January 15, 2027 and April 15, 2027, in accordance with the terms of an award agreement between the Issuer and the Reporting Person.
Remarks:
/s/ Mario Pinho10/15/2026
** 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 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)

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