SEC Form 4 · accession 0001213900-26-070732
Trulieve Cannabis Corp. · TRLV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kim A. Rivers
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Jun 17, 2026
Accepted (ET)
Jun 22, 2026 · 6:04 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001754195
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Subordinate Voting SharesF2 | Jun 17, 2026 | S | 137,535 | $9.359 | D | 3,038,385 | D | |
| Subordinate Voting SharesF3 | Jun 18, 2026 | S | 139,846 | $9.46 | D | 2,898,539 | D | |
| Subordinate Voting SharesF4,F5 | Jun 22, 2026 | S | 204,815 | $9.354 | D | 2,693,724 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Multiple Voting SharesF6 | $0.00 | holding | — | — | — | — | — | Subordinate Voting Shares | 15,166,700 | 151,667 | D |
| Multiple Voting SharesF7,F6 | $0.00 | holding | — | — | — | — | — | Subordinate Voting Shares | 986,700 | 9,867 | I |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 plan to sell 2.5 million shares adopted by the reporting person on March 16, 2026. A Form 144 covering the first tranche of 1,699,007 subordinate voting shares was filed on June 17, 2026. The second tranche of remaining shares will be eligible for sale after September 15, 2026.
- F2Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $9.11 to $9.65. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- F3Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $9.27 to $9.72. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- F4Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $9.22 to $9.52. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- F5The reporting person also holds Multiple Voting Shares convertible into Subordinate Voting Shares as reported on Table II of this Form 4.
- F6The Multiple Voting Shares are convertible into Subordinate Voting Shares on a one-for-100 basis. The Multiple Voting Shares are convertible at any time and have no expiration date.
- F7The Multiple Voting Shares are held by Traunch IV LLC ("Traunch IV"), over which the reporting person may be deemed to exercise voting and investment control. The reporting person disclaims beneficial ownership of the Multiple Voting Shares (and the Subordinate Voting Shares into which they are convertible) held by Traunch IV, except to the extent of her pecuniary interest therein.