Benjamin Kovler - 01 Apr 2025 Form 4 Insider Report for Green Thumb Industries Inc. (GTBIF)

Role: CHAIRMAN & CEO, Director, 10%+ Owner
Signature: /s/ Kathryn A. Lloyd, Attorney-in-Fact
Issuer symbol: GTBIF
Transactions as of: 01 Apr 2025
Net transactions value: -$15,182
Form type: 4
Filing time: 03 Apr 2025, 16:03:43 UTC
Previous filing: 04 Mar 2025
Next filing: 02 Sep 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GTII/GTBIF	Subordinate Voting Shares	Award	$0	+52,264	+5.9%	$0.000000	945,134	01 Apr 2025	Direct
transaction	GTII/GTBIF	Subordinate Voting Shares	Tax liability	$15,182	-2,613	-0.28%	$5.81	942,521	01 Apr 2025	Direct
holding	GTII/GTBIF	Super Voting Shares						57,612	01 Apr 2025	Direct
holding	GTII/GTBIF	Super Voting Shares						5,000	01 Apr 2025	By BK 2021 Descendant Trust
holding	GTII/GTBIF	Super Voting Shares						80,642	01 Apr 2025	By Outsiders Capital LLC
holding	GTII/GTBIF	Subordinate Voting Shares						158,130	01 Apr 2025	By Outsiders Capital LLC
holding	GTII/GTBIF	Subordinate Voting Shares						66	01 Apr 2025	KP Capital, LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GTII/GTBIF	Employee Stock Options 2025	Award	$0	+94,339		$0.000000	94,339	01 Apr 2025	Subordinate Voting Shares	94,339	$5.74	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This award of stock options was made on April 1, 2025 and vests in one-third increments on February 1, 2026, February 1, 2027 and February 1, 2028.