Kim A. Rivers - 03 Mar 2026 Form 4 Insider Report for Trulieve Cannabis Corp. (TCNNF)

Role: Chairman and CEO, Director, 10%+ Owner
Signature: /s/ Eric Powers, as Attorney-in-Fact
Issuer symbol: TCNNF
Transactions as of: 03 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 17 Mar 2026, 18:23:52 UTC
Previous filing: 08 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Rivers Kim A.	Chairman and CEO, Director, 10%+ Owner	C/O TRULIEVE CANNABIS CORP., 3494 MARTIN HURST ROAD, TALLAHASSEE	/s/ Eric Powers, as Attorney-in-Fact	17 Mar 2026	0001841319

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TCNNF	Subordinate Voting Shares	Conversion of derivative security		+820,000	+38%	$0.000000^*	2,957,170	03 Mar 2026	Direct	F1
transaction	TCNNF	Subordinate Voting Shares	Award		+218,750	+7.4%	$0.000000^*	3,175,920	13 Mar 2026	Direct	F2, F3

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	TCNNF	Multiple Voting Shares	Conversion of derivative security		-8,200	-5.1%	$0.000000^*	151,667	03 Mar 2026	Subordinate Voting Shares	820,000		Direct	F1, F4
transaction	TCNNF	Stock Option (Right to Buy)	Award		+155,561		$0.000000^*	155,561	13 Mar 2026	Subordinate Voting Shares	155,561	$6.40	Direct	F5

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

Explanation of Responses:

Id	Content
F1	Represents the conversion of 8,200 Multiple Voting Shares into 820,000 Subordinate Voting Shares. Each Multiple Voting Share is convertible into Subordinate Voting Shares on a one-for-100 basis.
F2	Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one Trulieve Cannabis Corp. ("Trulieve") subordinate voting share. 50% of the RSUs will vest on December 1, 2027, and the remaining 50% of the RSUs will vest on December 1, 2028.
F3	The reporting person also holds the following securities of Trulieve: (i) 151,667 Multiple Voting Shares held directly, (ii) 9,867 Multiple Voting Shares held by Traunch IV LLC ("Traunch IV"), over which the reporting person may be deemed to exercise voting and investment control, and (iii) stock options to acquire 1,152,960 Subordinate Voting Shares vested as of December 1, 2025 held directly. Multiple Voting Shares are convertible into Subordinate Voting Shares on a one-for-100 basis (or into an aggregate of 16,153,400 Subordinate Voting Shares). The reporting person disclaims beneficial ownership of the Multiple Voting Shares (and the Subordinate Voting Shares into which they are convertible) held by Traunch IV, except to the extent of her pecuniary interest therein.
F4	Multiple Voting Shares are convertible into Subordinate Voting Shares on a one-for-100 basis. Multiple Voting Shares are convertible at any time and have no expiration date.
F5	The option becomes exercisable in three annual installments, with one-third vesting on December 1, 2026, one-third vesting on December 1, 2027, and one-third vesting on December 1, 2028.