Verano Holdings (VRNO) CMO awarded 150,000 RSU shares with tax withholding
Rhea-AI Filing Summary
Verano Holdings Corp. reported a Form 4 for Chief Marketing Officer David Spreckman showing a compensation-related equity grant and associated tax withholding. On June 9, 2026, he acquired 150,000 shares of common stock through the vesting of restricted stock units that settled into shares. The company then withheld 43,950 shares at an implied price of $1.08 per share to satisfy income tax obligations, which the filing states does not represent a sale. Following these transactions, Spreckman directly owned 416,733 shares of Verano common stock.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; limited informational signal.
The filing shows David Spreckman receiving 150,000 shares of Verano common stock via vested restricted stock units on June 9, 2026. This is clearly compensation-driven, not an open-market purchase, and reflects standard equity-based pay.
The F transaction for 43,950 shares at $1.08 per share is described as shares withheld to cover income tax obligations, explicitly “does not represent a sale.” This is a mechanical step tied to the grant, not a discretionary trade.
After these events, Spreckman holds 416,733 shares directly, indicating that the net effect is an increased equity stake. Because there are no open-market buys or sells and no remaining derivative positions listed, the filing mainly confirms ongoing use of stock-based compensation rather than signaling a change in sentiment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock, par value $0.001 | 150,000 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 | 43,950 | $1.08 | $47K |
Footnotes (1)
- This transaction represents the grant and vesting of restricted stock units which settled into Common Stock, par value $0.001. The restricted stock units were granted on June 9, 2026 following Board approval and were fully vested at the time of the grant. Represents the number of shares of Common Stock, par value $0.001 that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale. Such restricted stock units settled into shares of Common Stock on June 9, 2026.