Leventis James Angelo 4

4 · Verano Holdings Corp. · Filed Jun 10, 2026

AI-generated summary of this filing

Updated Jun 10, 2026

Verano (VRNO) Chief Strategy & Compliance Officer James Leventis Receives 200,000 Shares

What Happened

James Leventis, Chief Strategy and Compliance Officer of Verano Holdings (VRNO), had 200,000 restricted stock units (RSUs) granted and fully vested on June 9, 2026 and converted (settled) into 200,000 shares of common stock (exercise/conversion code M).
To cover tax withholding, the issuer withheld 58,600 of those shares at $1.08 per share (tax withholding code F), equal to $63,288. The withholding was a net settlement to satisfy income tax obligations and is not a market sale.

Key Details

Transaction date: June 9, 2026; Form 4 filed June 10, 2026 (timely).
Primary action: RSU grant and immediate vest/settlement converting into 200,000 shares (M) at $0.00 exercise price (i.e., issued on vesting).
Tax withholding: 58,600 shares withheld at $1.08/share for $63,288 (F); the filing notes this withholding "does not represent a sale."
Shares owned after the transaction: not stated in the filing.
Footnotes: RSUs were granted and fully vested on June 9, 2026 following Board approval; withheld shares were remitted to satisfy income tax withholding.

Context

This was a compensation-related award and settlement (RSUs converting to stock), not an open-market purchase or sale by the insider. The withholding of shares to cover taxes is common in net-settled equity awards and should not be interpreted as the insider selling shares on the market.

Form 4

Period: 2026-06-09

See remarks

Transactions

Exercise/Conversion
Common Stock, par value $0.001
[F1]
2026-06-09+200,000→ 372,277 total
Tax Payment
Common Stock, par value $0.001
[F2]
2026-06-09$1.08/sh−58,600$63,288→ 313,677 total

Footnotes (2)

[F1]This transaction represents the grant and vesting of restricted stock units which settled into Common Stock, par value $0.001. The restricted stock units were granted on June 9, 2026 following Board approval and were fully vested at the time of the grant.
[F2]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. Such restricted stock units settled into shares of Common Stock on June 9, 2026.

Signature

/s/ Laura Marie Kalesnik, Attorney-in-Fact|2026-06-10

1 file