Kovler Benjamin 4

What Happened
Benjamin Kovler, a 10% owner of Green Thumb Industries (GTII/OTC: GTBIF), had 8,710 shares withheld to satisfy tax obligations related to an equity issuance on 2026-02-01. The shares were valued at $6.66 each, for a total withholding of $58,009. This was a tax-withholding disposition (not an open-market sale) and is generally a routine administrative transaction rather than a directional bet on the stock.

Key Details

• Transaction date: 2026-02-01
• Action/code: F — payment of exercise price or tax liability (shares withheld/disposed)
• Shares withheld: 8,710 at $6.66 per share; total value ≈ $58,009
• Shares owned after transaction: not specified in the filing
• Filing date: Form 4 filed 2026-02-03 — appears timely based on the reported transaction date
• Insider status note: Kovler is reported as a 10% owner (large/insider holder), not necessarily an executive

Context
Code F typically means shares were surrendered or withheld to cover taxes after an option exercise or vesting event (a net-share settlement), not sold on the open market. Such withholding transactions are routine tax/administrative events and do not by themselves indicate buying or selling sentiment. For 10% owners, these filings reflect ownership adjustments but shouldn't be read as the same signal as an open-market purchase or sale by a company executive.