Grown Rogue (GRUSF) CEO Jesse Strickler Receives 1,000,000 RSUs

What Happened Jesse Strickler, CEO of Grown Rogue International Inc. (GRUSF), received a grant of 1,000,000 restricted stock units (RSUs) on July 21, 2026. The RSUs were recorded at $0.00 per unit (no immediate cash cost) and are derivative awards that represent a contingent right to receive one subordinate voting share per RSU upon vesting.

Key Details

• Transaction date: July 21, 2026; Form 4 filed July 28, 2026 (see timeliness note below).
• Grant type/code: A (award/grant); 1,000,000 RSUs granted at $0.00 (total reported value $0).
• Vesting/terms (from filing footnotes): each RSU converts to one subordinate voting share; vests in full on the earlier of (i) January 1, 2029, or (ii) the reporting person's termination of service. RSUs do not expire.
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: Form 4 was filed 7 days after the transaction (July 28 vs. July 21). The typical Form 4 requirement is to report within 2 business days, so this filing was later than standard practice.

Context RSUs are a form of compensation/retention award, not an immediate purchase of stock; they only convert to actual shares if and when they vest. Grants like this are common for executives and are intended to align long-term incentives with company performance and retention. This grant itself does not represent an immediate buy or sell of shares.