Planet 13 Holdings (PLNH) awards 1,000,000 RSUs to interim CFO

Rhea-AI Filing Summary

Planet 13 Holdings Inc. reported an equity award to one of its officers. On January 2, 2026, interim CFO Stephen McLean received 1,000,000 Restricted Stock Units (RSUs), each representing the right to receive one share of Planet 13 common stock. The RSUs vest in three equal installments, with one-third vesting on the grant date, one-third vesting on May 16, 2026, and the final third on May 16, 2027, subject to continued service through each vesting date. Following this grant, the reporting person beneficially owned 1,450,847 derivative securities related to Planet 13 common stock, held directly.

SEC Form 4

FORM 4

UNITED 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

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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^*

McLean Stephen

(Last) (First) (Middle)

2548 WEST DESERT INN ROAD

SUITE 100

(Street)

LAS VEGAS NV 89109

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Planet 13 Holdings Inc. [ PLNH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Interim CFO

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit(1)	(2)	01/02/2026		A		1,000,000		(2)	(2)	Common Stock	1,000,000	$0	1,450,847	D

Explanation of Responses:

1. Consists of Restricted Stock Units ("RSU"). Each RSU represents the right to receive one share of common stock.

2. Subject to continued service through each vesting date, the RSUs vest one-third on the grant date, one-third on May 16, 2026, and one-third on May 16, 2027.

	/s/ Stephen McLean	01/06/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Planet 13 Holdings (PLNH) report in this filing?

The filing reports that interim CFO Stephen McLean received an equity award of 1,000,000 Restricted Stock Units (RSUs) tied to Planet 13 common stock on January 2, 2026.

How do the 1,000,000 RSUs granted to Planet 13s interim CFO vest?

The 1,000,000 RSUs vest in three equal installments: one-third on the grant date, one-third on May 16, 2026, and one-third on May 16, 2027, subject to continued service through each vesting date.

What does each Planet 13 (PLNH) RSU represent in this insider grant?

Each RSU in this grant represents the right to receive one share of Planet 13 common stock upon vesting, as described in the explanation of responses.

How many Planet 13-related derivative securities does the reporting person own after this transaction?

After the reported RSU grant, the reporting person beneficially owned 1,450,847 derivative securities related to Planet 13 common stock, held in direct ownership form.

What is the role of the reporting person at Planet 13 Holdings (PLNH)?

The reporting person is an officer of Planet 13 Holdings Inc., serving as the companys Interim CFO.

Was there a cash exercise price associated with the Planet 13 RSU grant?

The RSU award is shown with a price of $0, indicating it is a stock-based compensation grant rather than a purchase at a set exercise price.