Levine Jon R 4

What Happened
Jon R. Levine, reported as a 10% owner of Marimed Inc. (MRMD), made a series of purchases on May 22, 2026, acquiring a total of 60,000 shares. The trades were recorded as open market or private purchases (code P): 3,000 shares at $0.08 (reported $230), 37,000 shares at $0.07 (reported $2,775), and 20,000 shares at $0.07 (reported $1,490), for a combined reported cost of $4,495. These were purchases (accumulation), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction date: 2026-05-22 (reported on Form 4 filed 2026-05-26).
• Prices and amounts: 3,000 @ $0.08 (reported $230); 37,000 @ $0.07 (reported $2,775); 20,000 @ $0.07 (reported $1,490). Total reported outlay ≈ $4,495.
• Transaction code: P = Purchase.
• Shares owned after transaction: not specified in the data provided in this summary / not reported in the excerpt.
• Footnote: F1 states these shares are held in trust for the benefit of the reporting person’s spouse and children; Levine disclaims beneficial ownership of those trust-held securities.
• Filing timeliness: Form 4 was filed 2026-05-26 for a 2026-05-22 transaction; no late-filing notation is included in the provided info.

Context: As a 10% owner (not a named executive role in this filing), Levine’s purchases reflect insider accumulation but do not, by themselves, reveal his motivations. Trust-held shares and the disclaimer in the footnote mean some of these securities are reported for family benefit rather than direct personal investment decisions.