Kalesnik Laura Marie 4

What Happened

• Laura Marie Kalesnik, General Counsel, Chief Legal Officer and Secretary of Verano Holdings Corp. (VRNO), had 6,088 shares of common stock withheld by the issuer to satisfy income tax withholding obligations related to restricted stock units (RSUs) that vested on March 16, 2026 and were settled on March 23, 2026.
• The withholding was recorded at an effective price of $1.09 per share, for a withholding value of $6,636. This was a tax-withholding/net-settlement action (not an open-market sale or purchase).

Key Details

• Transaction date: 2026-03-23; Filing date: 2026-03-24.
• Action/code: F — shares withheld to satisfy tax liability on net-settled RSUs.
• Price used for withholding: $1.09 per share; total value withheld: $6,636.
• Footnote: The withheld shares reflect issuer tax withholding for RSUs vested 3/16/2026 and settled 3/23/2026; explicitly noted “does not represent a sale.”
• Shares owned after transaction: not disclosed in the provided filing details.
• Filing timeliness: filed the day after the settlement (not indicated as late in the filing).

Context

• Net settlement/tax withholding is a routine administrative action where the company retains a portion of vested award shares to cover income taxes. It does not indicate an open-market sale or a change in the insider’s investment conviction.
• For retail investors tracking insider activity, withholding transactions are standard and generally less informative than outright buys or sells.