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Vireo Growth's Joseph Duxbury acquires 63,000 options

The Chief Accounting Officer's award adds a direct option position tied to Vireo Growth Inc.'s subordinate voting shares.

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Form Type
4

Rhea-AI Filing Summary

Vireo Growth Inc. Chief Accounting Officer Joseph Duxbury acquired 63,000 stock options on November 3, 2026, to acquire subordinate voting shares. The options have an exercise price of $7.35 per share and expire November 3, 2036. One-third vest on September 30, 2027, with the remainder vesting in equal quarterly installments until fully vested on September 30, 2029. Duxbury’s resulting position is 63,000 stock options.

Insider Duxbury Joseph
Role Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Stock options (right to buy) F1 63,000 $0.00 $0.00
Holdings After Transaction: Stock options (right to buy) — 63,000 contracts (Direct)
Footnotes (1)
  1. F1. Each stock option vests on the following schedule: one-third (1/3) of the options vest on September 30, 2027 and the remaining options vest in equal quarterly installments thereafter until fully vested on September 30, 2029.
Stock options acquired 63,000 stock options November 3, 2026
Exercise price $7.35 per share Options to acquire subordinate voting shares
Resulting option position 63,000 stock options Following the transaction
First vesting date September 30, 2027 One-third of the options vest
Full vesting date September 30, 2029 Remaining options vest in equal quarterly installments
Expiration date November 3, 2036 Stock options
stock options financial
"Stock options (right to buy)"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"conversion or exercise price of $7.3500"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vests financial
"one-third (1/3) of the options vest on September 30, 2027"
Subordinate voting shares technical
"underlying security title: Subordinate voting shares"
Subordinate voting shares are a type of company stock that typically carry fewer voting rights than regular shares, meaning holders have less influence over company decisions. They are often used to raise capital while allowing founders or main shareholders to retain control. For investors, understanding the difference helps assess their level of influence in company decisions and the potential risks or benefits of holding different types of shares.

FAQ

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What are the VREOF option award's exercise price and vesting schedule?

Chief Accounting Officer Joseph Duxbury acquired 63,000 stock options with an exercise price of $7.35 per share. One-third vest on September 30, 2027, and the remaining options vest in equal quarterly installments until fully vested on September 30, 2029.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
Duxbury Joseph

(Last)(First)(Middle)
C/O VIREO GROWTH INC.
207 SOUTH 9TH STREET

(Street)
MINNEAPOLIS MINNESOTA 55402

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Vireo Growth Inc. [ VREOF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock options (right to buy)$7.3511/03/2026A63,000 (1)11/03/2036Subordinate voting shares63,000$063,000D
Explanation of Responses:
1. Each stock option vests on the following schedule: one-third (1/3) of the options vest on September 30, 2027 and the remaining options vest in equal quarterly installments thereafter until fully vested on September 30, 2029.
/s/ Nicole A. Edmonds, Attorney-in-Fact for Joseph Duxbury11/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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