GTBIF Officer Disposes of $423K in Shares for Tax Withholding
Green Thumb Industries Inc.
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Filing Summary
GTBIF Officer Disposes of $423K in Shares for Tax Withholding
Company: Green Thumb Industries Inc. (GTBIF) Form: 4 | Filed: 2025-11-04 Significance: Low
Insider: Kravitz Bret Title: GENERAL COUNSEL AND SECRETARY | Relationship: Officer
Transaction: • Type: Tax Withholding (Code F) • Shares: 60,000 • Price: $7.05 • Value: $423,000 • Owned After: 472,462
Key Insight: This is a non-market disposition to cover tax liabilities from vested equity awards, not an open-market sale reflecting insider sentiment. The transaction was executed under a pre-arranged 10b5-1 plan.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: Green Thumb Industries Inc. (GTBIF)
Executive Summary
- Trading Significance: Low
- Key Takeaway: The General Counsel of Green Thumb Industries disposed of shares in a non-market transaction to cover tax obligations, a routine corporate action with minimal market signaling value.
- Market Impact: Neutral, as this was not a discretionary open-market sale.
Company Information
| Field | Value |
|---|---|
| Company | Green Thumb Industries Inc. |
| Ticker Symbol | GTBIF |
| CIK | 0001795139 |
| Industry | AGRICULTURE PRODUCTION - CROPS |
Insider Information
| Field | Value |
|---|---|
| Name | Kravitz Bret |
| CIK | 0001959618 |
| Title/Position | GENERAL COUNSEL AND SECRETARY |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-11-01 |
| Transaction Code | F - Payment of tax liability by withholding securities |
| Security Type | Subordinate Voting Shares |
| Shares Involved | 60,000 |
| Price Per Share | $7.05 |
| Total Value | $423,000.00 |
| Shares Owned After | 472,462 |
| Ownership Type | Direct |
Financial Impact Assessment
Impact Evaluation
Market data (market cap, shares outstanding) was not available to perform a quantitative materiality assessment. However, the nature of the transaction itself dictates its significance. A transaction with code 'F' represents shares withheld by the company to satisfy tax withholding obligations when equity awards (like RSUs) vest. This is an automatic, non-discretionary event and does not represent an insider's active decision to sell shares on the open market. Therefore, it holds little to no informational value regarding the insider's sentiment towards the company's future prospects.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The transaction is a tax-related withholding, not a discretionary sale reflecting the insider's market outlook. Such filings are common and typically do not influence stock price.
Volume & Sentiment
- Expected Volume Impact: None. The shares were withheld by the issuer and not sold on the open market.
- Sentiment Indicator: Neutral. This filing does not provide a bullish or bearish signal.
Additional Context
Transaction Notes
- Special Circumstances: The filing indicates this transaction was made pursuant to a Rule 10b5-1 trading plan, which was adopted by the reporting person. This further underscores the pre-planned and non-discretionary nature of the disposition.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.