SEC Form 4 · accession 0001522767-26-000158
MARIMED INC. · MRMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Shaw
Officer — Chief Operating Officer
Period of report
Jul 15, 2026
Accepted (ET)
Jul 17, 2026 · 4:13 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001522767
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Jul 15, 2026 | M | 42,656 | $0.00 | A | 9,426,904 | D | |
| Common stockF2 | Jul 15, 2026 | F | 14,781 | $0.0662 | D | 9,412,123 | D | |
| Common stockF3 | holding | — | — | — | 2,000,000 | I | By the Shaw Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSU)F1,F4 | — | Jul 15, 2026 | M | 42,656 | D | — | — | Common Stock, par value $.001 per share | 42,656 | 127,969 | D |
Explanation of responses
- F1RSUs convert to shares of common stock on a one-for-one basis.
- F2Reflects shares of common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
- F3The Reporting Person's spouse is the trustee of the trust and the shares held in the trust are for the benefit of the Reporting Person's children. The trust is an irrevocable trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F4The RSUs were granted on April 15, 2026; the remaining RSUs under this grant will vest in three equal installments on each of October 15, 2026, January 15, 2027 and April 15, 2027, in accordance with the terms of an award agreement between the Issuer and the Reporting Person.