Mueller Frederick Charles 4

4 · Verano Holdings Corp. · Filed Jun 3, 2026

AI-generated summary of this filing

Updated Jun 3, 2026

Verano (VRNO) Director Frederick Mueller Receives RSU Award & Settles Units

What Happened

Frederick Charles Mueller, a director of Verano Holdings Corp. (VRNO), recorded multiple derivative transactions on June 1, 2026. He had 10,191 restricted stock units (RSUs) settle into common stock (acquired) at $0.00, had two derivative dispositions totaling 10,191 RSUs (3,784 and 6,407 shares) at $0.00, and received a grant/award of 53,418 RSUs at $0.00. All reported transactions are recorded as derivative exercises/conversions (code M) or awards/grants (code A) on the Form 4.
Dollar consideration reported for these entries is $0.00 because these entries reflect RSU settlements and awards rather than open-market cash trades.

Key Details

Transaction date: June 1, 2026; Form 4 filed June 3, 2026.
Reported prices: $0.00 for all items (settlement/grant of RSUs).
Transactions reported: +10,191 shares acquired (settlement), -3,784 and -6,407 shares disposed (derivative), +53,418 shares granted (RSUs).
Shares owned after transaction: not disclosed in the provided filing details.
Relevant footnotes:
- F1/F3: Some transactions reflect settlement of vested RSUs into common stock; certain RSUs “disposed” settled on June 1, 2026.
- F2/F4/F5/F6: Grants were made under Verano’s Stock & Incentive Plan on June 1 of 2024, 2025 and 2026 with staggered multi-year vesting schedules (details in footnotes).
Filing timeliness: Filed two days after the transaction date (June 3 filing for June 1 transactions); no late-filing flag noted in the provided data.

Context

These entries are compensatory: RSU grants and settlements convert contingent awards into shares according to vesting schedules. Such transactions typically reflect compensation vesting rather than active market purchases or sales.
The filing shows derivative “disposed” RSUs that settled the same day; companies often withhold or transfer shares at settlement (for taxes or other plan mechanics), but the Form 4 does not specify the reason.
For retail investors, awards/settlements are common insider activity tied to compensation; purchases (open-market buys) often carry more direct signal about an insider’s market view.

Form 4

Period: 2026-06-01

Director

Transactions

Exercise/Conversion
Common Stock, par value $0.001
[F1]
2026-06-01+10,191→ 91,399 total
Exercise/Conversion
Restricted Stock Units
[F2][F1][F3]
2026-06-01−3,784→ 23,009 total
Exercise: $0.00→ Common Stock, par value $0.001 (3,784 underlying)
Exercise/Conversion
Restricted Stock Units
[F4][F1][F3]
2026-06-01−6,407→ 16,602 total
Exercise: $0.00→ Common Stock, par value $0.001 (6,407 underlying)
Award
Restricted Stock Units
[F5][F6]
2026-06-01+53,418→ 70,019 total
Exercise: $0.00→ Common Stock, par value $0.001 (53,418 underlying)

Footnotes (6)

[F1]This transaction represents the settlement of vested restricted stock units into Common Stock, par value $0.001.
[F2]The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2024. Each restricted stock unit reflects a contingent right to receive one share of Common Stock, par value $0.001 and vested 25% on each of June 1, 2025, December 1, 2025 and June 1, 2026 and thereafter will vest 25% on December 1, 2026.
[F3]The restricted stock units disposed in this transaction settled on June 1, 2026.
[F4]The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2025. Each restricted stock unit reflects a contingent right to receive one share of Common Stock, par value $0.001 and vested 33.33% on June 1, 2026, and thereafter will vest 33.33% on June 1, 2027 and 33.34% on June 1, 2028.
[F5]The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2026.
[F6]Each restricted stock unit reflects a contingent right to receive one share of Common Stock and will vest 33.33% on June 1, 2027, 33.33% on June 1, 2028 and 33.34% on June 1, 2029.

Signature

/s/ Laura Marie Kalesnik, Attorney-in-Fact|2026-06-03

1 file