Nordquist Judd Theodore 4

What Happened
Judd Theodore Nordquist, a director of Vireo Growth Inc. (VREOF), was granted derivative awards on May 15, 2026 totaling 387,675 shares (115,506; 96,859; 95,310; and 80,000). All grants are reported at $0.00 per share, indicating they are compensation awards (stock options and/or restricted stock units), not open-market purchases.

Key Details

• Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (appears timely under the two-business-day rule).
• Grants: 115,506; 96,859; 95,310; and 80,000 — total 387,675 derivative awards at $0.00.
• Type: Derivative awards (stock options and RSUs) as described in filing footnotes.
• Vesting/settlement notes from the filing:
  • Some options vest one‑third on grant, one‑third on March 31, 2027, and one‑third on March 31, 2028. (F1)
  • Some options vest in equal annual tranches over three years from the grant date. (F4)
  • Each RSU represents a contingent right to one subordinate voting share. (F2)
  • RSUs vest one‑third on grant, one‑third on March 31, 2027, and one‑third on March 31, 2028; vested RSUs settle in cash, shares, or a combination within 30 days of vesting. (F3)
• Shares owned after the transaction: not specified in the information provided.

Context
These are grant awards (compensation), not purchases or sales — grants at $0.00 are common for option/RSU awards. Vesting schedules mean the awards will convert to exercisable options or deliverable shares (or cash for RSUs) over the next one to two years, so they do not represent immediate share acquisition or liquidation.