MariMed (MRMD) COO details stock trades and RSU payout for 2025
Rhea-AI Filing Summary
MariMed Inc.'s Chief Operating Officer Timothy Shaw reported recent stock transactions. On December 12, 2025 he purchased 45,455 shares of common stock at $0.1071 per share. On December 15, 2025, 81,772 restricted stock units vested and converted into common shares, and 24,001 shares were withheld by the company to satisfy tax withholding obligations at $0.1071 per share.
After these transactions, he directly beneficially owned 9,294,541 shares of MariMed common stock. An additional 2,000,000 shares are held indirectly through the Shaw Family Trust for the benefit of his children, for which he disclaims beneficial ownership, and no restricted stock units remain unvested under the May 23, 2025 grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 81,772 | $0.00 | -- |
| Exercise | Common stock | 81,772 | $0.00 | -- |
| Tax Withholding | Common stock | 24,001 | $0.1071 | $3K |
| Purchase | Common stock | 45,455 | $0.1071 | $5K |
| holding | Common stock | -- | -- | -- |
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 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. These RSUs were granted on May 23, 2025; there were no unvested RSUs remaining under this grant in accordance with the terms of an award agreement between the Issuer and the Reporting Person.
FAQ
What insider transactions did MariMed (MRMD) report for December 2025?
The filing shows that on December 12, 2025, Chief Operating Officer Timothy Shaw purchased 45,455 shares of MariMed common stock at $0.1071 per share. On December 15, 2025, 81,772 restricted stock units vested and converted into common shares, and 24,001 shares were withheld to cover tax withholding obligations.
Who is the reporting person in this MariMed (MRMD) insider filing?
The reporting person is Timothy Shaw, who serves as Chief Operating Officer of MariMed Inc. He filed the report as a single reporting person, indicating his relationship as an officer of the company.
What happened to Timothy Shaw's restricted stock units (RSUs) in this report?
The report states that 81,772 RSUs converted into shares of common stock on December 15, 2025 on a one-for-one basis. It also notes that these RSUs were part of a grant made on May 23, 2025 and that there were no unvested RSUs remaining under this grant.