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Leef Brands (OTC: LEEEF) CEO reports major equity stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Leef Brands Inc. director and Chief Executive Officer Anderson Micah Payne has filed an initial ownership report detailing his equity stake. He directly holds 14,531,856 Common Shares, plus indirect holdings through three entities totaling several million additional shares. He also holds Restricted Stock Units convertible into 12,867,729 Common Shares at an exercise price of $0.20 per share, vesting in stages over three years from the initial exercise date, and a warrant for 16,000 Common Shares at $0.30 per share.

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Insider Anderson Micah Payne
Role Chief Executive Officer
Type Security Shares Price Value
holding Restricted Stock Unit -- -- --
holding Warrant -- -- --
holding Common Shares -- -- --
holding Common Shares -- -- --
holding Common Shares -- -- --
holding Common Shares -- -- --
Holdings After Transaction: Restricted Stock Unit — 12,867,729 shares (Direct); Warrant — 16,000 shares (Direct); Common Shares — 14,531,856 shares (Direct); Common Shares — 500,861 shares (Indirect, Owned of record by The Anderson Trust dated 11/14/2014, of which Micah Anderson is the trustee)
Footnotes (1)
  1. [object Object]
Direct Common Shares 14,531,856 shares Directly held Common Shares following reporting
RSU underlying shares 12,867,729 shares Common Shares underlying Restricted Stock Units at $0.20
RSU exercise price $0.20 per share Exercise price for RSUs expiring December 4, 2035
Warrant underlying shares 16,000 shares Common Shares underlying warrant at $0.30
Warrant exercise price $0.30 per share Exercise price for warrant expiring August 14, 2027
Anderson Trust shares 500,861 shares Common Shares held by The Anderson Trust
Little Ry Holdings shares 8,169,623 shares Common Shares held by Little Ry Holdings trust
MPA Legacy Holdings shares 4,899,984 shares Common Shares held by MPA Legacy Holdings, Inc.
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" with underlying Common Shares"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
warrant financial
"security_title: "Warrant" with an exercise price of 0.3000"
A warrant is a time-limited financial contract that gives its holder the right to buy a company's shares at a set price before a specified date, like a coupon that lets you purchase stock at a fixed discount for a limited time. It matters to investors because warrants offer leveraged exposure to a stock’s upside and can dilute existing shareholders if exercised, so they affect potential gains and the company’s outstanding share count.
indirect ownership financial
"direct_or_indirect: "I" with nature_of_ownership describing trusts and entities"
vesting financial
"One third of the shares vested upon the initial exercise date, and the remaining shares vest"
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.
exercise price financial
"conversion_or_exercise_price: "0.2000" and "0.3000" for derivative holdings"
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.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Anderson Micah Payne

(Last)(First)(Middle)
SUITE 2500 PARK PLACE,
666 BURRARD STREET,

(Street)
VANCOUVER,BCV6C 2X8

(City)(State)(Zip)

BRITISH COLUMBIA, CANADA

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/26/2026
3. Issuer Name and Ticker or Trading Symbol
Leef Brands Inc. [ LEEEF ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares14,531,856D
Common Shares500,861IOwned of record by The Anderson Trust dated 11/14/2014, of which Micah Anderson is the trustee
Common Shares8,169,623IOwned of record by Little Ry Holdings, a trust of which Micah Anderson is the trustee
Common Shares4,899,984IOwned of record by MPA Legacy Holdings, Inc, of which Micah Anderson is the sole shareholder
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit12/04/202512/04/2035Common Shares12,867,729(1)$0.2D
Warrant08/15/202508/14/2027Common Shares16,000$0.3D
Explanation of Responses:
1. One third of the shares vested upon the initial exercise date, and the remaining shares vest and become exercisable in two equal annual installments upon each one year anniversary following the initial exercise date.
/s/ Micah Anderson04/08/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)

FAQ

What insider holdings does Leef Brands (LEEEF) CEO report on this Form 3?

The CEO reports direct ownership of 14,531,856 Common Shares, plus additional indirect Common Share holdings through related entities. He also reports derivative positions in Restricted Stock Units and a warrant linked to Leef Brands Common Shares.

How many Leef Brands (LEEEF) shares are tied to the CEO’s Restricted Stock Units?

The Restricted Stock Units are linked to 12,867,729 underlying Common Shares at an exercise price of $0.20 per share. These units vest over time, with one-third vesting initially and the rest in two equal annual installments.

What warrant position does the Leef Brands (LEEEF) CEO disclose?

He discloses a warrant covering 16,000 underlying Common Shares with an exercise price of $0.30 per share. The warrant is exercisable from an exercise date in 2025 and expires on August 14, 2027.

What indirect Leef Brands (LEEEF) shareholdings are reported for the CEO?

Indirect Common Share holdings include 500,861 shares held by The Anderson Trust, 8,169,623 shares held by Little Ry Holdings, and 4,899,984 shares held by MPA Legacy Holdings, Inc., all entities associated with the reporting person.

Does this Leef Brands (LEEEF) Form 3 show any insider buying or selling activity?

No buy or sell transactions are reported. The Form 3 presents holding entries only, summarizing the CEO’s existing direct and indirect Common Share positions and derivative holdings, rather than new market purchases or sales.