Mueller Frederick Charles 4

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.