Grown Rogue (GRUSF) Director Sean Conacher Receives 120,000 RSU Award

What Happened Sean Conacher, a director of Grown Rogue International Inc. (GRUSF), received a grant of 120,000 restricted stock units (RSUs) on July 21, 2026. The award is recorded at $0.00 (no cash purchase); each RSU is a contingent right to receive one subordinate voting share upon vesting. The RSUs do not expire.

Key Details

• Transaction type: Grant / Award (Form 4 code A) of 120,000 RSUs on 2026-07-21; reported on Form 4 filed 2026-07-28.
• Price: $0.00 per RSU (no cash paid). Instrument: RSUs (derivative/contingent right to shares).
• Vesting: RSUs vest in full on the earlier of (i) January 1, 2029, or (ii) immediately upon the reporting person's termination of service.
• Expiration: RSUs do not expire.
• Shares owned after transaction: Not disclosed in the filing.
• Timeliness: Filing was submitted seven days after the grant date (filed 2026-07-28 for a 2026-07-21 grant), which is later than the standard 2-business-day Form 4 filing requirement.

Context This was an equity compensation award (not a market purchase or sale). RSU grants are commonly used for director compensation and are contingent on vesting; they do not represent immediately tradable shares. The late filing delays public disclosure of the grant to investors.