Kovler Benjamin 4
Research Summary
AI-generated summary
Green Thumb (GTII/GTBIF) 10% Owner Benjamin Kovler Sells 1,782 Shares
What Happened
- Benjamin Kovler, reported as a 10% owner of Green Thumb Industries (GTII/GTBIF), had 1,782 shares disposed to satisfy a tax obligation (transaction code F). The shares were valued at $6.58 each, totaling $11,726. This was a tax-withholding disposition tied to an exercise/award, not an open-market sale aimed at taking profits.
Key Details
- Transaction date: 2026-03-01; filing date: 2026-03-03 (no late filing indicated in the report).
- Price per share: $6.58; total value of disposed shares: $11,726.
- Transaction code F = payment of exercise price or tax liability (shares withheld to cover taxes).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Insider status: Kovler is a 10% owner (reported majority/minor shareholder status), not necessarily an executive trade.
Context
- This was a routine tax-withholding disposition (often called a cashless or share-withheld tax payment) following an exercise or issuance; such disposals simply cover tax liability and do not necessarily signal a view on the company’s stock. For retail investors, purchases by insiders are generally more informative than routine withholding dispositions.