Planet 13 (PLNH) co-CEO Groesbeck receives 1.5M RSU award

Rhea-AI Filing Summary

Planet 13 Holdings Inc.01/02/2026, he received 1,500,000 Restricted Stock Units (RSUs), each representing the right to receive one share of common stock. Subject to continued service, these 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. Following this grant, Groesbeck held 3,449,153 derivative securities directly, reflecting his ongoing equity-based compensation and alignment with shareholders.

01/06/2026 - 09:56 PM

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^*

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)
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		1,500,000		(2)	(2)	Common Stock	1,500,000	$0	3,449,153	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/ Robert Groesbeck	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 (PLNH) report in this Form 4?

The filing reports that director, co-CEO and 10% owner Robert Groesbeck received an award of 1,500,000 Restricted Stock Units (RSUs) on 01/02/2026.

How do the new RSUs for Planet 13 (PLNH) insider Robert Groesbeck vest?

The 1,500,000 RSUs vest in three equal parts, subject to continued service: one-third on the grant date, one-third on May 16, 2026, and one-third on May 16, 2027.

What does each RSU granted to the Planet 13 (PLNH) insider represent?

Each Restricted Stock Unit represents the right to receive one share of Planet 13 common stock, as described in the explanation of responses.

What was Robert Groesbeck’s derivative securities holding after this Planet 13 (PLNH) transaction?

After the reported grant, Robert Groesbeck beneficially owned 3,449,153 derivative securities directly, according to Table II of the filing.

What is Robert Groesbeck’s role and relationship to Planet 13 (PLNH)?

He is listed as a Director, a 10% Owner, and an Officer with the title Co-CEO, indicating multiple leadership and ownership roles at Planet 13 Holdings Inc.

What type of security was reported in Planet 13 (PLNH) insider Table II?

Table II reports a grant of Restricted Stock Units that are derivative securities, each tied to one underlying share of Planet 13 common stock.