MariMed Inc. (MRMD) CFO details RSU exercises and tax share withholding
Rhea-AI Filing Summary
MariMed Inc. chief financial officer Mario Pinho reported equity-compensation transactions dated July 15, 2026. He exercised 88,276 restricted stock units into common stock and had 30,589 common shares withheld at $0.0662 per share to satisfy tax withholding obligations. After these transactions, he directly holds 365,761 common shares and continues to hold unvested RSUs from grants dated July 15, 2024 and April 15, 2026 that vest in installments through April 15, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
88,276 shares exercised/converted
Mixed
4 txns
Insider
Pinho Mario
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 49,995 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 38,281 | $0.00 | -- |
| Exercise | Common stock | 88,276 | $0.00 | -- |
| Tax Withholding | Common stock | 30,589 | $0.0662 | $2K |
Holdings After Transaction:
Restricted Stock Units (RSU) — 99,990 shares (Direct);
Common stock — 365,761 shares (Direct)
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 July 15, 2024; the remaining RSUs under this will grant in two equal installments on each of January 15, 2027 and July 15, 2027, in accordance with the terms of an award agreement between the Issuer and the Reporting Person. The RSUs were granted on April 15, 2026; the remaining RSUs under this grant will vest in three equal installments on each of October 15, 2026, January 15, 2027 and April 15, 2027, in accordance with the terms of an award agreement between the Issuer and the Reporting Person.
Key Figures
Shares withheld for taxes: 30,589 shares
RSUs converted to common stock: 88,276 shares
Common stock holdings after transactions: 365,761 shares
+3 more
6 metrics
Shares withheld for taxes
30,589 shares
Common stock withheld to satisfy tax withholding obligations on RSU vesting
RSUs converted to common stock
88,276 shares
Common shares acquired upon RSU conversion on July 15, 2026
Common stock holdings after transactions
365,761 shares
Direct holdings by Mario Pinho following July 15, 2026 activity
Tax withholding share price
$0.0662 per share
Price applied to shares withheld for tax obligations
RSUs remaining under April 15, 2026 grant
114,844 RSUs
Total RSUs remaining after 38,281 units converted; vest through April 15, 2027
RSUs remaining under July 15, 2024 grant
99,990 RSUs
Total RSUs remaining after 49,995 units converted; vest in 2027 installments
Key Terms
Restricted Stock Units (RSU), tax withholding obligations, award agreement, par value $.001 per share
4 terms
Restricted Stock Units (RSU) financial
"Transactions include Restricted Stock Units (RSU) converting into common stock."
tax withholding obligations financial
"Shares of common stock withheld to satisfy tax withholding obligations on RSU vesting."
award agreement financial
"RSU vesting follows the terms of an award agreement between issuer and 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did MariMed (MRMD) CFO Mario Pinho report in this Form 4?
MariMed CFO Mario Pinho reported equity-compensation activity on July 15, 2026, including exercising 88,276 RSUs into common stock and a 30,589-share tax-withholding disposition, leaving him with 365,761 directly held common shares plus remaining unvested RSUs vesting through 2027.
What RSU activity did MariMed (MRMD) CFO Mario Pinho report?
Mario Pinho exercised 88,276 restricted stock units, which convert one-for-one into MariMed common shares. The Form 4 also shows remaining RSUs under grants from July 15, 2024 and April 15, 2026 that will continue vesting in scheduled installments through 2027.
When will Mario Pinho’s remaining MariMed (MRMD) RSUs vest?
Remaining RSUs from an April 15, 2026 grant vest in three equal installments on October 15, 2026, January 15, 2027, and April 15, 2027. RSUs from a July 15, 2024 grant vest in two equal installments on January 15, 2027 and July 15, 2027.
Is MariMed (MRMD) CFO Mario Pinho’s Form 4 tied to a Rule 10b5-1 trading plan?
The Rule 10b5-1 trading plan affirmation box is not checked, and the footnotes describe RSU grants, vesting and tax withholding. The disclosure ties these transactions to equity award vesting rather than to a pre-arranged Rule 10b5-1 trading plan.