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Planet 13 (PLNH) Co-CEO Groesbeck reports 1,000,000-share sale at $0.208

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Planet 13 Holdings Inc. insider Robert Groesbeck, who is a director, Co-CEO and 10% owner, reported a sale of company stock. On 12/12/2025, he sold 1,000,000 shares of common stock at a weighted-average price of $0.208 per share, with individual trades ranging from $0.200 to $0.217. Following this transaction, he beneficially owned 1,113,813 common shares directly, 5,529,294 common shares indirectly through PRMN Investments Ltd., and 29,413,176 common shares indirectly through RAG Holdings LLC.

Positive

  • None.

Negative

  • None.
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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Groesbeck Robert

(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)
12/12/2025
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 1,113,813 D
Common Stock 5,529,294 I By PRMN Investments Ltd.
Common Stock 12/12/2025 S 1,000,000 D $0.208(1) 29,413,176 I By RAG Holdings 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. The reported shares were sold in multiple trades at prices ranging from $0.200 to $0.217, inclusive. The price reported above reflects the weighted-average sale price. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares and prices at which the transaction was effected.
/s/ Robert Groesbeck 12/12/2025
** 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 Inc. (PLNH) report?

Planet 13 Holdings Inc. reported that insider Robert Groesbeck sold 1,000,000 shares of common stock on 12/12/2025 in an open market transaction.

At what price did Robert Groesbeck sell Planet 13 (PLNH) shares?

The shares were sold at a weighted-average price of $0.208 per share, with individual trades executed at prices ranging from $0.200 to $0.217.

How many Planet 13 (PLNH) shares does Robert Groesbeck own after this sale?

After the sale, Robert Groesbeck beneficially owned 1,113,813 shares of common stock directly, 5,529,294 shares indirectly through PRMN Investments Ltd., and 29,413,176 shares indirectly through RAG Holdings LLC.

What is Robert Groesbeck’s role at Planet 13 Holdings Inc. (PLNH)?

Robert Groesbeck is a director, Co-CEO, and a reported 10% owner of Planet 13 Holdings Inc.

How were the Planet 13 (PLNH) share sales by Robert Groesbeck executed?

The 1,000,000 shares sold on 12/12/2025 were executed in multiple trades on the market at prices between $0.200 and $0.217 per share.

Does the filing describe how the sale price for Planet 13 (PLNH) shares was reported?

Yes. The sale price disclosed is a weighted-average sale price of $0.208 per share, and the filer notes that detailed trade price and size information is available upon request.

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79.80M
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32.28%
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