John Allen Tipton - 16 Mar 2026 Form 4 Insider Report for Verano Holdings Corp. (VRNO)

Role
Director
Signature
/s/ Kevan Fisher, Attorney-in-Fact
Issuer symbol
VRNO
Transactions as of
16 Mar 2026
Net transactions value
$0
Form type
4
Filing time
18 Mar 2026, 17:44:42 UTC
Previous filing
03 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Tipton John Allen Director 224 WEST HILL STREET, SUITE 400, CHICAGO /s/ Kevan Fisher, Attorney-in-Fact 18 Mar 2026 0001935774

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRNO Common Stock, par value $0.001 Options Exercise +168,971 +5.1% $0.000000* 3,468,495 16 Mar 2026 Direct F1, F2
transaction VRNO Common Stock, par value $0.001 Tax liability -51,936 -1.5% $1.18* 3,416,559 16 Mar 2026 Direct F3
transaction VRNO Common Stock, par value $0.001 Award +909,090 +27% $0.000000* 4,325,649 16 Mar 2026 Direct F4
holding VRNO Common Stock, par value $0.001 461,758 16 Mar 2026 By spouse F5

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 VRNO Restricted Stock Units Options Exercise -168,971 -100% $0.000000* 0 16 Mar 2026 Common Stock, par value $0.001 168,971 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the settlement of vested restricted stock units into Common Stock, par value, $0.001 ("Common Stock"). The restricted stock units vested, on an accelerated basis, on March 16, 2026 following the approval of the Verano Holding Corp.'s (the "Company") Board of Directors in recognition of Mr. Tipton's contributions to the Company upon his retirement as an officer of the Company on March 16, 2026.
F2 The total number of shares reported on this Form 4 have been corrected to reduce the number of shares of Common Stock Mr. Tipton beneficially owns by 220,157 shares, which were previously misreported due to an inadvertent error.
F3 Represents the number of shares of Common Stock that have been withheld by the Company to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale.
F4 Represents restricted stock units granted to Mr. Tipton as inducement to enter into and in consideration of future services to be performed under a Consulting Agreement entered into by the Company and Mr. Tipton following the end of his employment as an officer of the Company on March 16, 2026. The restricted stock units were granted on March 16, 2026 and fully vested at the time of the grant.
F5 Represents (i) 351,914 shares held in a trust controlled by Mr. Tipton's spouse and (ii) 109,844 shares held by Mr. Tipton's spouse.