Hussey Ross Michael 4
4 · Vireo Growth Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Vireo Growth (VREOF) Director Hussey Ross Michael Receives Awards
What Happened
Hussey Ross Michael, a director of Vireo Growth Inc. (VREOF), was granted four derivative awards on 2026-05-15 totaling 387,675 units: 115,506; 96,859; 95,310; and 80,000. Each grant is reported at $0.00 per share (reported value $0) and is classified as an award/grant (derivative securities such as stock options and restricted stock units).
Key Details
- Transaction date: 2026-05-15; Form 4 filed 2026-05-19 (filed within the required 2 business-day window).
- Grants (counts): 115,506; 96,859; 95,310; 80,000 — total 387,675 derivative awards. Reported price: $0.00; reported value: $0.
- Shares owned after transaction: Not specified in the filing.
- Footnotes / vesting:
- Some awards are stock options that vest in three parts: one-third on the grant date, one-third on 2027-03-31, and one-third on 2028-03-31 (F1/F4).
- Some awards are restricted stock units (RSUs); each RSU represents a contingent right to one subordinate voting share and vest one-third on grant, one-third on 2027-03-31, and one-third on 2028-03-31. Vested RSUs will settle in cash, shares, or a mix within 30 days of vesting (F2/F3).
- Transaction code: A = Award/Grant (derivative). No sale or open-market purchase occurred.
Context
These are time‑based equity awards (options and RSUs) that vest over roughly three years. Because they are grants rather than open‑market purchases or sales, they reflect compensation/equity incentives rather than an immediate buy/sell signal. RSUs may be settled for cash or shares when vested; the economic value depends on future share price and whether/when options are exercised or RSUs are settled.
Insider Transaction Report
- Award
Stock options (right to buy)
[F1]2026-05-15+115,506→ 115,506 totalExercise: $0.42Exp: 2036-05-14→ Subordinate voting shares (115,506 underlying) - Award
Restricted stock units
[F2][F3]2026-05-15+96,859→ 96,859 total→ Subordinate voting shares (96,859 underlying) - Award
Stock options (right to buy)
[F4]2026-05-15+95,310→ 95,310 totalExercise: $0.42Exp: 2036-05-14→ Subordinate voting shares (95,310 underlying) - Award
Restricted stock units
[F2][F3]2026-05-15+80,000→ 80,000 total→ Subordinate voting shares (80,000 underlying)
Footnotes (4)
- [F1]Each stock option vests on the following schedule: one-third (1/3) of the options vest on the grant date, one-third (1/3) vest on March 31, 2027 and the remaining one-third (1/3) vest on March 31, 2028.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one subordinate voting share.
- [F3]The RSUs vest on the following schedule: one-third (1/3) of the RSUs vest on the grant date, one-third (1/3) vest on March 31, 2027 and the remaining one-third (1/3) vest on March 31, 2028. Vested RSUs settle in cash, subordinate voting shares, or a combination of both as soon as practicable (but not more than 30 days) following the date upon which the RSUs become vested.
- [F4]Each stock option vests in equal annual tranches over a three-year period commencing on the date of grant.