MariMed (MRMD) CCO exercises RSUs, withholds shares for taxes and updates stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MARIMED INC. Chief Commercial Officer Ryan Crandall reported routine equity compensation activity. On June 15, 2026, Restricted Stock Units (RSUs) covering 250,000 shares were exercised into common stock, and a portion of the resulting shares was withheld to cover tax obligations. Following these transactions, Crandall directly holds 1,189,429 shares of common stock and 750,000 RSUs. The RSUs were granted on December 15, 2025 and the remaining units are scheduled to vest in three equal installments on December 15, 2026, June 15, 2027 and December 15, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
250,000 shares exercised/converted
Mixed
3 txns
Insider
Crandall Ryan
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 250,000 | $0.00 | -- |
| Exercise | Common stock | 250,000 | $0.00 | -- |
| Tax Withholding | Common stock | 86,626 | $0.069 | $6K |
Holdings After Transaction:
Restricted Stock Units (RSU) — 750,000 shares (Direct, null);
Common stock — 1,189,429 shares (Direct, null)
Footnotes (1)
- RSUs convert to shares of common stock on a one-for-one basis. Reflects shares of common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs. The RSUs were granted on December 15, 2025; the remaining RSUs under this grant will vest in three equal installments on each of December 15, 2026, June 15, 2027 and December 15, 2027, in accordance with the terms of an award agreement between the Issuer and the Reporting Person.
Key Figures
RSUs exercised: 250,000 shares
Shares withheld for taxes: 86,626 shares
Common shares after transactions: 1,189,429 shares
+4 more
7 metrics
RSUs exercised
250,000 shares
Restricted Stock Units converting to common stock on June 15, 2026
Shares withheld for taxes
86,626 shares
Common stock withheld to satisfy tax obligations on RSU vesting
Common shares after transactions
1,189,429 shares
Direct holdings of common stock following June 15, 2026 activity
RSUs remaining
750,000 RSUs
Restricted Stock Units held after the reported transactions
RSU grant date
December 15, 2025
Grant date of the RSUs referenced in the filing
Future vesting dates
Dec 15, 2026; Jun 15, 2027; Dec 15, 2027
Scheduled RSU vesting in three equal installments
Tax withholding price
$0.069 per share
Price per share used for tax-withholding disposition of common stock
Key Terms
Restricted Stock Units (RSU), tax withholding obligations, derivative security, vest, +1 more
5 terms
Restricted Stock Units (RSU) financial
"The RSUs were granted on December 15, 2025; the remaining RSUs under this grant will vest..."
tax withholding obligations financial
"Reflects shares of common stock withheld by the Issuer to satisfy tax withholding obligations..."
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest financial
"the remaining RSUs under this grant will vest in three equal installments..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
award agreement financial
"in accordance with the terms of an award agreement between the Issuer and the Reporting Person."
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
What insider transaction did MARIMED INC. (MRMD) report for Ryan Crandall?
MARIMED INC. reported that Chief Commercial Officer Ryan Crandall exercised RSUs for 250,000 shares of common stock. Some of the resulting shares were withheld to satisfy tax obligations related to the vesting, reflecting routine equity compensation activity rather than an open-market trade.
What RSU grant is involved in Ryan Crandall’s MARIMED INC. (MRMD) Form 4?
The Form 4 involves Restricted Stock Units granted to Ryan Crandall on December 15, 2025. These RSUs convert to common stock on a one-for-one basis as they vest, providing equity-based compensation aligned with MARIMED INC.’s long-term performance.
When will Ryan Crandall’s remaining MARIMED INC. (MRMD) RSUs vest?
The remaining RSUs from the December 15, 2025 grant are set to vest in three equal installments. The scheduled vesting dates are December 15, 2026, June 15, 2027 and December 15, 2027, according to the award agreement between MARIMED INC. and Crandall.
What does the tax withholding in the MARIMED INC. (MRMD) Form 4 indicate?
The tax withholding indicates MARIMED INC. retained 86,626 shares of common stock to satisfy Ryan Crandall’s tax obligations on RSU vesting. This is a standard mechanism where shares are used instead of cash to pay required taxes on equity compensation.