4//SEC Filing
McDermott Edward Aloysious III 4
Accession 0001493152-25-026047
CIK 0001848416other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 8:49 PM ET
Size
16.3 KB
Accession
0001493152-25-026047
Insider Transaction Report
Form 4
McDermott Edward Aloysious III
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.001
2025-12-01+96,827→ 301,447 total - Tax Payment
Common Stock, par value $0.001
2025-12-01$0.91/sh−27,839$25,333→ 273,608 total - Sale
Common Stock, par value $0.001
2025-12-02$0.95/sh−3,451$3,278→ 270,157 total - Exercise/Conversion
Restricted Stock Units
2025-12-01−46,972→ 201,879 totalExercise: $0.00→ Common Stock, par value $0.001 (46,972 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-01−24,308→ 177,571 totalExercise: $0.00→ Common Stock, par value $0.001 (24,308 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-01−25,547→ 152,024 totalExercise: $0.00→ Common Stock, par value $0.001 (25,547 underlying)
Footnotes (7)
- [F1]This transaction represents the settlement of vested restricted stock units into Common Stock, par value $0.001.
- [F2]Represents the number 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.
- [F3]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 5, 2025. All shares were sold at a price of $0.95.
- [F4]The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2023. 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, 2024, December 1, 2024, June 1, 2025 and December 1, 2025.
- [F5]The restricted stock units disposed in this transaction settled on December 1, 2025.
- [F6]The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on September 1, 2023. 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, 2024, December 1, 2024, June 1, 2025 and December 1, 2025.
- [F7]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 June 1, 2025 and December 1, 2025 and thereafter will vest 25% on each of June 1, 2026 and December 1, 2026.
Documents
Issuer
Verano Holdings Corp.
CIK 0001848416
Entity typeother
Related Parties
1- filerCIK 0001981212
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 8:49 PM ET
- Size
- 16.3 KB