MILLNER THOMAS L 4
4 · Trulieve Cannabis Corp. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Trulieve (TRUL) Director Thomas Millner Receives RSU Award
What Happened
Thomas L. Millner, a director of Trulieve Cannabis Corp. (TRUL), was granted 23,438 restricted stock units (RSUs) on 2026-03-13. The grant is recorded at $0.00 per share (standard for RSU awards); no cash changed hands on the grant date. This is an award of contingent future shares rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-13; Form 4 filed 2026-03-17 (filed within the typical 2-business-day window for Form 4).
- Transaction type/code: A — Grant/Award (RSUs).
- Amount: 23,438 RSUs granted; grant price reported as $0.00.
- Vesting/terms (footnote): Each RSU represents a contingent right to one subordinate voting share. RSUs vest on the earliest of (i) end of Millner's board service, (ii) a change of control, or (iii) December 1, 2032.
- Shares owned after transaction: Not specified in the provided filing details.
- No indication of tax withholding, 10b5-1 plan, or immediate sale in this filing.
Context
RSU grants are a form of compensation that convert to actual shares only if and when they vest; they do not reflect an immediate market buy or sell. For retail investors, awards like this mainly indicate director compensation and potential future dilution if the RSUs vest and are settled in shares. There is no direct implication of short-term insider market sentiment from this single RSU grant.
Insider Transaction Report
- Award
Subordinate Voting Shares
[F1]2026-03-13+23,438→ 72,543 total
Footnotes (1)
- [F1](Represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one Trulieve Cannabis Corp. ("Trulieve") subordinate voting share. The RSUs will vest on the earliest of (i) the end of the reporting person's service on the board of directors of Trulieve, (ii) a change of control of Trulieve, or (iii) December 1, 2032.