Greenlane Holdings (GNLN) CEO receives 250,000 stock options grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Greenlane Holdings, Inc. reported that Chief Executive Officer Jason Hitchcock received a grant of stock options covering 250,000 shares of Class A common stock. These options have an exercise price equal to the closing price on February 10, 2026 and expire on February 10, 2036.

The grant is a compensation award from the company’s 3,000,000-share ESOP distribution approved by the board on October 14, 2025. The options vest over three years, with one-third vesting on each anniversary of February 10, 2026, contingent on Mr. Hitchcock remaining an employee in good standing.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hitchcock Jason

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	250,000	$0.01	$3K

Holdings After Transaction: Stock Option (right to buy) — 250,000 shares (Direct)

Footnotes (1)

The exercise price equals the closing price of Greenlane Holdings, Inc. (the "Company") Class A Common Stock on February 10, 2026. The option allocation is from the Company's 3,000,000 share ESOP distribution approved and ratified by the Board of Directors of the Company on October 14, 2025. Options shall vest, unless earlier terminated under the Company's 2019 Equity Incentive Plan, over three (3) years as follows: one-third of the Option shall vest on each of the three (3) anniversaries of February 10, 2026 (the "Vesting Commencement Date"), such that on the third anniversary of the Vesting Commencement Date the Option shall be fully vested provided that Mr. Hitchcock must be an employee in good standing with the Company on such anniversary in order to vest in the applicable portion of the Option.

Key Figures

Option grant size: 250,000 options Exercise price: $0.99 per share ESOP pool: 3,000,000 shares +3 more

6 metrics

Option grant size 250,000 options Stock options for Class A Common Stock granted to CEO

Exercise price $0.99 per share Exercise price equals closing price on February 10, 2026

ESOP pool 3,000,000 shares Company ESOP distribution approved October 14, 2025

Options outstanding after grant 250,000 options Total options held by CEO following this transaction

Option expiration date February 10, 2036 Final expiration for the granted stock options

Vesting schedule 1/3 each year over 3 years Annually on each anniversary of February 10, 2026

Key Terms

Stock Option, ESOP, 2019 Equity Incentive Plan, exercise price, +1 more

5 terms

Stock Option financial

"security_title: "Stock Option (right to buy)""

A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.

ESOP financial

"The option allocation is from the Company's 3,000,000 share ESOP distribution"

An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.

2019 Equity Incentive Plan financial

"Options shall vest, unless earlier terminated under the Company's 2019 Equity Incentive Plan"

exercise price financial

"The exercise price equals the closing price of Greenlane Holdings, Inc. Class A Common Stock on February 10, 2026."

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vesting financial

"Options shall vest, unless earlier terminated ... one-third of the Option shall vest on each of the three (3) anniversaries"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 04:05 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hitchcock Jason

(Last)

(First)

(Middle)

4800 N FEDERAL HWY,

SUITE B200

(Street)

BOCA RATON

FLORIDA

33431

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Greenlane Holdings, Inc. [ GNLN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (right to buy)	$0.99⁽¹⁾	03/25/2026		A		250,000⁽²⁾		⁽³⁾	02/10/2036	Class A Common Stock	250,000	$0.01	250,000	D

Explanation of Responses:

1. The exercise price equals the closing price of Greenlane Holdings, Inc. (the "Company") Class A Common Stock on February 10, 2026.

2. The option allocation is from the Company's 3,000,000 share ESOP distribution approved and ratified by the Board of Directors of the Company on October 14, 2025.

3. Options shall vest, unless earlier terminated under the Company's 2019 Equity Incentive Plan, over three (3) years as follows: one-third of the Option shall vest on each of the three (3) anniversaries of February 10, 2026 (the "Vesting Commencement Date"), such that on the third anniversary of the Vesting Commencement Date the Option shall be fully vested provided that Mr. Hitchcock must be an employee in good standing with the Company on such anniversary in order to vest in the applicable portion of the Option.

	/s/ Jason Hitchcock	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Greenlane Holdings (GNLN) report for its CEO?

Greenlane Holdings reported that CEO Jason Hitchcock received a grant of 250,000 stock options. These options relate to Class A common stock and are a compensation award rather than an open-market share purchase or sale.

What are the key terms of Jason Hitchcock’s 250,000 Greenlane (GNLN) stock options?

The CEO’s 250,000 stock options have an exercise price equal to Greenlane’s Class A closing price on February 10, 2026. The options expire on February 10, 2036 and give the right to buy 250,000 shares of Class A common stock.

How do Jason Hitchcock’s Greenlane (GNLN) stock options vest?

The options vest over three years starting from February 10, 2026. One-third of the grant vests on each of the first, second and third anniversaries, provided Mr. Hitchcock remains an employee in good standing on each vesting date.

From which equity plan is the Greenlane (GNLN) CEO’s option grant sourced?

The 250,000 stock options come from Greenlane’s 3,000,000-share ESOP distribution. This ESOP allocation was approved and ratified by the company’s Board of Directors on October 14, 2025 as part of its broader equity incentive framework.

Is the Greenlane (GNLN) CEO’s Form 4 transaction a market purchase or sale?

No, the Form 4 transaction reflects a grant of stock options, not a market trade. It documents a compensation-related award of options giving future purchase rights, rather than the CEO buying or selling existing Greenlane Class A shares in the open market.