Verano Holdings (VRNO) CFO logs equity awards, exercises and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verano Holdings Corp. Chief Financial Officer Richard C. Tarapchak reported compensation-related equity activity involving company stock and restricted stock units. On June 1, 2026, he exercised derivative securities to acquire 59,009 shares of Common Stock and had 17,290 shares withheld at $1.17 per share to cover income tax obligations, which the company notes does not represent an open-market sale.
He also received a new grant of 310,363 restricted stock units under the Verano Holdings Corp. Stock and Incentive Plan and settled portions of earlier RSU awards into Common Stock as they vested. Following these transactions, he directly holds 292,200 shares of Common Stock. The activity reflects routine equity compensation vesting, exercises, and tax withholding rather than discretionary market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
59,009 shares exercised/converted
Mixed
5 txns
Insider
Tarapchak Richard C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 21,781 | $0.00 | -- |
| Exercise | Restricted Stock Units | 37,228 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 310,363 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 | 59,009 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 | 17,290 | $1.17 | $20K |
Holdings After Transaction:
Restricted Stock Units — 133,477 shares (Direct, null);
Common Stock, par value $0.001 — 292,200 shares (Direct, null)
Footnotes (1)
- This transaction represents the settlement of vested restricted stock units into Common Stock, par value $0.001. 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. The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2024. Each restricted stock unit reflects a contingent right to receive one share of Common Stock, par value $0.001 and vested 25% on each of June 1, 2025, December 1, 2025 and June 1, 2026 and thereafter will vest 25% on December 1, 2026. The restricted stock units disposed in this transaction settled on June 1, 2026. The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2025. Each restricted stock unit reflects a contingent right to receive one share of Common Stock, par value $0.001 and vested 33.33% on June 1, 2026, and thereafter will vest 33.33% on June 1, 2027 and 33.34% on June 1, 2028. The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2026. Each restricted stock unit reflects a contingent right to receive one share of Common Stock and will vest 33.33% on June 1, 2027, 33.33% on June 1, 2028 and 33.34% on June 1, 2029.
Key Figures
Tax-withheld shares: 17,290 shares at $1.17
Shares acquired via exercise: 59,009 shares
New RSU grant: 310,363 RSUs
+3 more
6 metrics
Tax-withheld shares
17,290 shares at $1.17
Shares withheld to cover income tax on June 1, 2026
Shares acquired via exercise
59,009 shares
Common Stock acquired through derivative exercise on June 1, 2026
New RSU grant
310,363 RSUs
Restricted stock units granted June 1, 2026 under incentive plan
Common shares held after transactions
292,200 shares
Direct Common Stock ownership following June 1, 2026 activity
Tax withholding count
1 transaction
One F-code disposition for tax withholding
Derivative exercises count
2 exercises
Exercise or conversion of derivative securities as summarized
Key Terms
Restricted Stock Units, Stock and Incentive Plan, tax withholding, derivative security, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2024."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock and Incentive Plan financial
"The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2024."
tax withholding financial
"have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
net settlement financial
"in connection with the net settlement of the restricted stock units and does not represent a sale."
FAQ
What insider transactions did Verano Holdings (VRNO) CFO Richard Tarapchak report?
Richard C. Tarapchak reported equity compensation activity including option or derivative exercises, tax withholding, and RSU awards. He exercised 59,009 shares of Common Stock, had 17,290 shares withheld for taxes, and received 310,363 new restricted stock units under the company’s incentive plan.
What restricted stock unit (RSU) awards did Verano Holdings (VRNO) grant to its CFO?
On June 1, 2026, the CFO received a grant of 310,363 restricted stock units under the Verano Holdings Corp. Stock and Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock, subject to vesting over multiple future dates.
How are the Verano Holdings (VRNO) CFO’s RSUs structured to vest over time?
RSU awards referenced in the filing vest in tranches over several years. Earlier grants include 25% or roughly one-third vesting on specific June or December dates, with remaining portions vesting on later anniversaries, aligning compensation with multi-year service and performance horizons.