Planet 13 (PLNH) Co-CEO Larry Scheffler reports 720,517-share insider deal

Rhea-AI Filing Summary

Planet 13 Holdings Inc. director, Co-CEO and 10% owner Larry Scheffler reported an insider equity transaction dated 12/19/2025. He acquired 720,517 shares of common stock at a price of $0.23 per share, described as shares received pursuant to a personal business transaction.

Following this transaction, Scheffler reported 1,202,583 shares of common stock held directly. He also reported indirect ownership of 1,283,017 shares through the Scheffler Family Limited Partnership, 33,016,470 shares through Scheffler RX LLC, and 5,000,000 shares through Thirteen LLC.

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

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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^*

Scheffler Larry

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Co-CEO

3. Date of Earliest Transaction (Month/Day/Year)
12/19/2025

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
Common Stock								1,202,583	D
Common Stock	12/19/2025		J		720,517(1)	A	$0.23	1,283,017	I	by Scheffler Family Limited Partnership
Common Stock								33,016,470	I	by Scheffler RX LLC
Common Stock								5,000,000	I	by Thirteen LLC

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

Explanation of Responses:

1. Such shares were received pursuant to a personal business transaction.

	/s/ Larry Scheffler	12/23/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did PLNH Co-CEO Larry Scheffler report?

Larry Scheffler reported acquiring 720,517 shares of Planet 13 Holdings Inc. common stock on 12/19/2025 at a price of $0.23 per share.

How many Planet 13 (PLNH) shares does Larry Scheffler now hold directly?

After the reported transaction, Larry Scheffler reported 1,202,583 shares of Planet 13 common stock held in direct ownership.

What is the nature of the 720,517 PLNH shares acquired by Larry Scheffler?

The filing states that the 720,517 shares of common stock were received pursuant to a personal business transaction.

What indirect Planet 13 (PLNH) holdings does Larry Scheffler report?

Larry Scheffler reports indirect ownership of 1,283,017 shares through the Scheffler Family Limited Partnership, 33,016,470 shares through Scheffler RX LLC, and 5,000,000 shares through Thirteen LLC.

What is Larry Scheffler’s relationship to Planet 13 Holdings Inc. (PLNH)?

He is reported as a Director, Co-CEO, and a 10% Owner of Planet 13 Holdings Inc..

Was the reported PLNH Form 4 filed by one or multiple reporting persons?

The Form 4 was indicated as filed by one reporting person, namely Larry Scheffler.