MARIMED INC.: CFO Pinho Mario exercised 38,282 shares

What happened

• The filing shows Pinho Mario, chief financial officer, exercised or converted 38,282 derivative units into common stock on Oct 15, 2026. The filing reports an acquisition of 38,282 shares at $0.00 and a simultaneous disposition of 38,282 derivative units at $0.00.
• The filing also shows 11,236 shares were surrendered or withheld to satisfy tax withholding obligations at $0.06 per share for a total of $674.

Key details

• Transaction date: Oct 15, 2026. Prices reported: $0.00 (conversion) and $0.06 (tax withholding).
• Shares acquired: 38,282. Shares disposed/withheld: 11,236 (tax withholding) and 38,282 (derivative disposition).
• Shares owned after the transaction: not reported in the filing.
• Footnotes: F1 notes RSUs convert to common stock on a one-for-one basis; F2 states shares were withheld by the issuer to satisfy tax withholding; F3 notes the RSUs were granted Apr 15, 2026 and remaining RSUs from that grant vest in two equal installments on Jan 15, 2027 and Apr 15, 2027.
• Filing date: Oct 15, 2026. The filing date matches the reported transaction date; no late filing is indicated in the form.

Why it may matter

• The filing shows conversion of RSUs or similar derivatives and that a portion of the shares were withheld to cover tax obligations rather than sold on the open market.
• The filing does not show why the insider traded or why the company acted.