Barron Matthew T. - 31 Dec 2025 Form 4 Insider Report for BLUM HOLDINGS, INC. (BLMH)

Role: Director
Signature: /s/ Matthew Barron
Issuer symbol: BLMH
Transactions as of: 31 Dec 2025
Net transactions value: +$190,299
Form type: 4
Filing time: 27 Jan 2026, 17:05:30 UTC
Previous filing: 14 Feb 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Barron Matthew T	Director	11516 DOWNEY AVE, DOWNEY	/s/ Matthew Barron	27 Jan 2026	0001994690

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BLMH	Common Stock	Award	$190,299	+194,183		$0.9800	194,183	31 Dec 2025	Direct	F1

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

Barron Matthew T. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The shares reported herein were issued to Matt Barron on December 31, 2025 as compensation for service as a director of the Issuer, at an implied price of $0.98 per share.

Remarks:

Effective November 17, 2025, Matthew Barron resigned from the Board of Directors of Blum Holdings, Inc. (the "Company"). Mr. Barron was a member of the Audit Committee of the Company. The resignation was not in connection with any disagreement with the Company about its operations, policies, or practices.