Georgiadis Anthony 4
Research Summary
AI-generated summary
Green Thumb (GTII) President Anthony Georgiadis Receives Award; Tax Sale
What Happened
Anthony Georgiadis, President and director of Green Thumb Industries Inc. (GTII / GTBIF), was awarded 64,220 shares on 2026-04-01 (reporting code A). To cover the tax liability on that award, 8,234 shares were withheld/disposed (reporting code F) at $6.38 per share, generating $52,533. The award shares are reported at $0.00 per share in the filing.
Key Details
- Transaction date: 2026-04-01 (reported on Form 4 filed 2026-04-03).
- Award: 64,220 shares granted (price $0.00).
- Tax withholding/Disposition: 8,234 shares at $6.38, proceeds $52,533.
- Shares owned after transaction: not specified in the filing.
- Footnote/plan: withholding (F) indicates shares were used to satisfy tax liability; no 10b5-1 plan or other trading plan is noted in the provided details.
- Timeliness: filing date is 2026-04-03 for a 2026-04-01 transaction; the filing does not indicate a late report.
Context
- The A code shows this was an awarded grant (likely equity compensation). The F code reflects tax withholding/cashless disposition of some awarded shares to cover taxes — a routine administrative step that doesn’t necessarily indicate a change in insider sentiment.
- For retail investors: awards increase insider stake (before withholding) and are different from open-market purchases; the withheld shares simply satisfy tax obligations rather than represent a discretionary sale.