Tipton John Allen 4

What Happened

• John Allen Tipton, a director of Verano Holdings Corp. (VRNO), was granted 53,418 restricted stock units (RSUs) on June 1, 2026. The RSUs were reported on a Form 4 filed June 3, 2026. The grant is reported with a $0 purchase price (this is a compensation award, not a cash purchase).

Key Details

• Transaction date: June 1, 2026. Form 4 filed: June 3, 2026 (timely filing).
• Transaction type/code: Award/Grant (A) — 53,418 RSUs granted.
• Price/consideration: $0 (RSUs are compensation; grant purchase price is $0).
• Vesting: 33.33% vests on June 1, 2027; 33.33% on June 1, 2028; 33.34% on June 1, 2029 (per filing footnotes).
• Plan: Granted under the Verano Holdings Corp. Stock and Incentive Plan.
• Conversion: Each RSU represents a contingent right to receive one share of common stock upon vesting.
• Shares owned after transaction: not specified in the filing.
• No 10b5-1 plan, tax-withholding sale, or exercise noted in this filing.

Context

• RSUs are a form of equity compensation: they do not represent current shares until they vest and convert into common stock. This grant is routine executive/director compensation and should not be read as a market purchase or sale by the insider. The grant vests over three years, so any future ownership and potential selling would depend on vesting and company policies.