MARIMED INC.: COO Timothy Shaw exercised 42,657 shares

What happened Timothy Shaw, chief operating officer, exercised or converted derivatives to receive 42,657 shares on Oct 15, 2026. The filing shows an acquisition of 42,657 shares at $0.00 (total $0), a disposition of 12,520 shares withheld for tax withholding at $0.06 per share for $751, and a derivative disposition of 42,657 shares at $0.00.

Key details

• Transaction date: Oct 15, 2026. Prices: $0.00 for the converted shares; $0.06 per share for the 12,520 shares withheld (total $751).
• Shares owned after the transaction: not disclosed in the filing.
• Footnotes: F1 indicates RSUs convert to common stock one-for-one; F2 confirms shares were withheld to satisfy tax withholding; F4 states the RSUs were granted Apr 15, 2026 and remaining RSUs vest in installments on Jan 15, 2027 and Apr 15, 2027.
• Transaction codes reported: M (exercise or conversion of derivative) and F (payment of exercise price or tax liability via share withholding).
• Filing timeliness: the filing does not indicate it was late.

Why it may matter The filing shows RSUs or other derivatives converted into common stock and that 12,520 shares were withheld to satisfy tax obligations rather than a market sale of an equivalent number of shares. This report does not show why the insider traded or why the company acted.