Green Thumb Industries Inc.·4

Apr 3, 4:30 PM ET

FAULKNER Mathew 4

Research Summary

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Green Thumb CFO Mathew Faulkner Receives Award, Withholds Shares

What Happened
Mathew Faulkner, Chief Financial Officer of Green Thumb Industries (GTII / GTBIF), received an award of 57,339 shares on 2026-04-01 (code A). To cover tax withholding related to the award, 6,587 of those shares were surrendered (code F) at $6.38 per share, generating roughly $42,025. Net shares delivered to Faulkner from this vesting event were 50,752 shares (57,339 awarded − 6,587 withheld). The award shares show $0.00 acquisition price (typical for RSUs/awards).

Key Details

  • Transaction dates: 2026-04-01 (award and withholding); Form filed 2026-04-03 (appears timely).
  • Award: 57,339 shares granted (code A) at $0.00.
  • Tax withholding: 6,587 shares surrendered (code F) at $6.38/share, value ≈ $42,025.
  • Net shares retained from vesting: 50,752.
  • Shares owned after transaction: not provided in the supplied filing details.
  • Notable: F = shares withheld to satisfy tax withholding liability (routine), not an open-market sale.

Context
This was a grant/vesting event with shares withheld to pay taxes — a common administrative transaction that does not necessarily signal insider buying or selling intentions. The award (code A) represents compensation vesting; the withholding (code F) is a cashless tax payment mechanism rather than a market sale.