David Spreckman - 01 Jun 2025 Form 4 Insider Report for Verano Holdings Corp. (VRNOF)

Reporting relationship: Chief Marketing Officer
Issuer ticker: VRNOF
Reported as of: 01 Jun 2025
Net transaction value: -$12,798
SEC form: 4
Accepted by SEC: 03 Jun 2025, 19:02:54 UTC
Prior SEC filing: 11 Mar 2025
Next SEC filing: 03 Dec 2025
Source filing: View source filing
Reporting owner signature: /s/ Kevan Fisher, Attorney-in-Fact

Key filing fact

David Spreckman filed Form 4 for Verano Holdings Corp. (VRNOF) on 03 Jun 2025.

Key facts

This page summarizes David Spreckman's Form 4 filing for Verano Holdings Corp. (VRNOF).
6 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 03 Jun 2025, 19:02.

Change

Previous filing in this sequence was filed on 11 Mar 2025.
Current net transaction value: -$12,798.

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

Reporting Owners (1)

CIK 0001935304 Primary reporting owner

Spreckman David

Relationship: Chief Marketing Officer
Address: 224 WEST HILL STREET, SUITE 400, CHICAGO
Signature: /s/ Kevan Fisher, Attorney-in-Fact
Signature date: 03 Jun 2025

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: +69,331
Change %: +49%
Price: $0.000000
Shares after: 211,689
Date: 02 Jun 2025
Ownership: Direct
Footnotes: F1

VRNOF transaction

Class A Subordinate Voting Shares

Tax liability

Transaction value: $12,798
Shares: -20,315
Change %: -9.6%
Price: $0.6300
Shares after: 191,374
Date: 02 Jun 2025
Ownership: Direct
Footnotes: F2

Reported derivative securities

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

VRNOF transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +75,361
Change %: +43%
Price: $0.000000
Shares after: 252,176
Date: 01 Jun 2025
Ownership: Direct
Underlying class: Class A Subordinate Voting Shares
Underlying amount: 75,361
Exercise price: $0.000000
Footnotes: F3, F4

VRNOF transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -41,752
Change %: -17%
Price: $0.000000
Shares after: 210,424
Date: 02 Jun 2025
Ownership: Direct
Underlying class: Class A Subordinate Voting Shares
Underlying amount: 41,752
Exercise price: $0.000000
Footnotes: F1, F5, F6

VRNOF transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -8,505
Change %: -4%
Price: $0.000000
Shares after: 201,919
Date: 02 Jun 2025
Ownership: Direct
Underlying class: Class A Subordinate Voting Shares
Underlying amount: 8,505
Exercise price: $0.000000
Footnotes: F1, F6, F7

VRNOF transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -19,074
Change %: -9.4%
Price: $0.000000
Shares after: 182,845
Date: 02 Jun 2025
Ownership: Direct
Underlying class: Class A Subordinate Voting Shares
Underlying amount: 19,074
Exercise price: $0.000000
Footnotes: F1, F6, F8

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

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

Footnote F2

Represents the number of shares of Class A Common Stock that have been withheld by the issuer 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.

Footnote F3

The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2025.

Footnote F4

Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and will vest 33.33% on June 1, 2026, 33.33% on June 1, 2027 and 33.34% on June 1, 2028.

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, December 1, 2024 and June 1, 2025, and will thereafter vest 25% on December 1, 2025.

Footnote F6

The restricted stock units disposed in this transaction settled on June 2, 2025.

Footnote F7

The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on September 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, December 1, 2024 and June 1, 2025, and thereafter will vest 25% on December 1, 2025.

Footnote F8

The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2024. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and vested 25% on June 1, 2025, and thereafter will vest 25% on each of December 1, 2025, June 1, 2026 and December 1, 2026.