MariMed COO granted 170,625 RSUs
MariMed Inc. Chief Operating Officer Timothy Shaw received a grant of 170,625 Restricted Stock Units (RSUs).
Rhea-AI Filing Summary
MariMed Inc. Chief Operating Officer Timothy Shaw received a grant of 170,625 Restricted Stock Units (RSUs). The RSUs convert to common stock on a one-for-one basis and vest in four equal installments on July 15, 2026, October 15, 2026, January 15, 2027 and April 15, 2027.
After this award, Shaw reports 9,357,700 shares of MariMed common stock held directly, plus 170,625 RSUs. An additional 2,000,000 shares are held indirectly by the Shaw Family Trust for his children, for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 170,625 shares
Grant/Award
3 txns
Insider
Shaw Timothy
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSU) | 170,625 | $0.00 | $0.00 |
| holding | Common stock | -- | -- | -- |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (RSU) — 170,625 contracts (Direct);
Common stock — 9,357,700 shares (Direct);
Common stock — 2,000,000 shares (Indirect, By the Shaw Family Trust)
Footnotes (3)
- F1. The Reporting Person's spouse is the trustee of the trust and the shares held in the trust are for the benefit of the Reporting Person's children. The trust is an irrevocable trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F2. RSUs convert to shares of common stock on a one-for-one basis.
- F3. The RSUs will vest in four equal installments on each of July 15, 2026, October 15, 2026, January 15, 2027 and April 15, 2027.
Key Figures
RSU grant size: 170,625 RSUs
RSU vesting schedule: 4 equal installments
Direct common shares held: 9,357,700 shares
+2 more
5 metrics
RSU grant size
170,625 RSUs
Awarded on April 15, 2026; convert 1:1 into common stock
RSU vesting schedule
4 equal installments
Vesting on July 15, 2026; October 15, 2026; January 15, 2027; April 15, 2027
Direct common shares held
9,357,700 shares
Total MariMed common stock held directly after the reported award
Indirect trust holdings
2,000,000 shares
Held by the Shaw Family Trust for Shaw’s children; beneficial ownership disclaimed
RSU conversion ratio
1:1
Each RSU converts into one share of common stock upon vesting
Key Terms
Restricted Stock Units (RSU), irrevocable trust, Section 16, vesting
4 terms
Restricted Stock Units (RSU) financial
"RSUs convert to shares of common stock on a one-for-one basis."
irrevocable trust financial
"The trust is an irrevocable trust."
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
Section 16 financial
"not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
vesting financial
"The RSUs will vest in four equal installments on each of July 15, 2026, October 15, 2026, January 15, 2027 and April 15, 2027."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MariMed (MRMD) COO Timothy Shaw report?
Timothy Shaw reported receiving a grant of 170,625 Restricted Stock Units (RSUs). These RSUs are a stock-based compensation award, not an open-market purchase, and will convert into MariMed common shares over time as they vest through 2027.
How many RSUs were granted to MariMed (MRMD) COO Timothy Shaw and when do they vest?
Shaw was granted 170,625 RSUs that vest in four equal installments. Vesting dates are July 15, 2026, October 15, 2026, January 15, 2027, and April 15, 2027, after which vested units convert into common shares on a one-for-one basis.
Do Timothy Shaw’s newly granted RSUs in MariMed (MRMD) have a purchase price?
The RSU grant shows a transaction price per share of $0.0000, indicating stock-based compensation rather than a cash purchase. The units convert into common stock on a one-for-one basis as they vest on the scheduled dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
