Wren Chris 4

What Happened

• Chris Wren, VP of Operations at Planet 13 Holdings Inc. (PLNH), reported a sale of 30,000 common shares on 2026-01-23. The shares were disposed at $0.19 per share for total proceeds of $5,571. The Form 4 lists the transaction as an "open market or private sale" (code S), indicating a sale rather than a purchase.

Key Details

• Transaction date: 2026-01-23
• Price per share: $0.19; Total proceeds: $5,571
• Transaction code: S (Sale) — reported as "open market or private sale"
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing date / timeliness: Form filed with the SEC on 2026-01-23 (same day as transaction), suggesting a timely filing based on the supplied information
• No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the supplied data

Context

• Sales by executives can be routine (for liquidity, diversification, tax reasons, etc.) and do not by themselves indicate a change in company outlook. Purchases typically carry stronger bullish signals for retail investors. This single small-dollar sale (about $5.6k) should be viewed in context with other insider activity and company fundamentals.