Richard C. Tarapchak - 07 Mar 2025 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Reporting relationship: EVP, Finance
Issuer ticker: VRNOF
Reported as of: 07 Mar 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 11 Mar 2025, 19:31:20 UTC
Prior SEC filing: 05 Sep 2024
Next SEC filing: 03 Jun 2025
Source filing: View source filing
Reporting owner signature: /s/ Kevan Fisher, Attorney-in-Fact

Key filing fact

Richard C. Tarapchak filed Form 4 for Verano Holdings Corp. (VRNOF) on 11 Mar 2025.

Key facts

This page summarizes Richard C. Tarapchak's Form 4 filing for Verano Holdings Corp. (VRNOF).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 11 Mar 2025, 19:31.

Change

Previous filing in this sequence was filed on 05 Sep 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VRNOF transaction

Class A Subordinate Voting Shares

Options Exercise

Transaction value: $0
Shares: +13,202
Change %: +13%
Price: $0.000000
Shares after: 113,132
Date: 07 Mar 2025
Ownership: Direct
Footnotes: F1

VRNOF transaction

Class A Subordinate Voting Shares

Options Exercise

Transaction value: $0
Shares: +28,229
Change %: +25%
Price: $0.000000
Shares after: 141,361
Date: 07 Mar 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VRNOF transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -20,188
Change %: -8.5%
Price: $0.000000
Shares after: 216,616
Date: 07 Mar 2025
Ownership: Direct
Underlying class: Class A Subordinate Voting Shares
Underlying amount: 20,188
Exercise price: $0.000000
Footnotes: F1, F2, F3, F4

VRNOF transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -43,164
Change %: -20%
Price: $0.000000
Shares after: 173,452
Date: 07 Mar 2025
Ownership: Direct
Underlying class: Class A Subordinate Voting Shares
Underlying amount: 43,164
Exercise price: $0.000000
Footnotes: F1, F3, F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

This transaction represents the settlement of vested restricted stock units into Class A Subordinate Voting Shares.

Footnote F2

The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on October 5, 2022. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% on each of the 12-, 18-, 24- and 30-month anniversaries of July 11, 2022.

Footnote F3

The restricted stock units disposed in this transaction settled on March 7, 2025.

Footnote F4

The restricted stock units were net-settled to satisfy withholding tax obligations, resulting in the issuance of 13,202 Class A subordinate voting shares.

Footnote F5

The restricted stock units disposed in this transaction were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2023. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% on each of June 1, 2024 and December 1, 2024 and will thereafter vest 25% on each of June 1, 2025 and December 1, 2025.

Footnote F6

The restricted stock units were net-settled to satisfy withholding tax obligations, resulting in the issuance of 28,229 Class A subordinate voting shares.