Ryan Crandall - 15 Jun 2025 Form 4 Insider Report for MARIMED INC. (MRMD)

Signature
/s/ Ryan Crandall
Issuer symbol
MRMD
Transactions as of
15 Jun 2025
Net transactions value
-$1,580
Form type
4
Filing time
16 Jun 2025, 16:17:44 UTC
Previous filing
09 Jun 2025
Next filing
08 Sep 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Crandall Ryan Chief Commercial Officer 10 OCEANA WAY, 2ND FLOOR, NORWOOD /s/ Ryan Crandall 16 Jun 2025 0002062820

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRMD Common stock Options Exercise $0 +62,902 +9.9% $0.000000 696,193 15 Jun 2025 Direct F1
transaction MRMD Common stock Tax liability $1,580 -21,796 -3.1% $0.0725 674,397 15 Jun 2025 Direct F2

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 MRMD Restricted Stock Units (RSU) Options Exercise $0 -62,902 -33% $0.000000 125,803 15 Jun 2025 Common Stock, par value $.001 per share 62,902 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs convert to shares of common stock on a one-for-one basis.
F2 Reflects shares of common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
F3 These RSUs were granted on May 9, 2025; the remaining RSUs vest in two equal installments on each of September 15, 2025 and December 15, 2025 in accordance with the terms of an award agreement between the Issuer and the Reporting Person.