Tu William 4

What Happened

• Tu William, SVP and Corporate Controller of Glass House Brands Inc. (GLASF), had 5,800 restricted stock units (RSUs) vest on June 1, 2026 and converted those RSUs into 5,800 equity shares. To satisfy tax withholding obligations, 1,982 of the resulting shares were sold at a weighted average price of $11.37, generating proceeds of about $22,535. The sales were executed in multiple trades at prices between $11.35 and $11.39.

Key Details

• Transaction types/codes: M = exercise/conversion of RSUs (5,800 shares vested/settled on 2026-06-01); F = shares sold to cover tax withholding (1,982 shares disposed on 2026-06-03).
• Dates: RSUs vested and converted on June 1, 2026; withholding sale occurred June 3, 2026. Form 4 filed June 4, 2026.
• Prices/values: Withholding sale weighted avg price $11.37; sale price range $11.35–$11.39; proceeds ≈ $22,535.
• Shares owned after transaction: Not specified in this filing.
• Relevant footnotes: RSUs were part of a September 1, 2024 grant of 34,800 RSUs; each RSU converts to one equity share. The shares sold represent the withholding to satisfy tax obligations; full breakdown of sale prices per trade is available on request to the SEC/issuer.
• Filing timeliness: No late filing flag indicated in the filing.

Context

• This was a routine vest-and-withhold transaction: 5,800 RSUs vested and were converted to shares (derivative settlement), and a portion of those shares were sold solely to cover tax withholding. Such tax-withholding sales are common and do not necessarily indicate change in insider sentiment.