Trulieve President Jason Pernell departs via mutual agreement, subject to 1-year equity lock-up

Filed June 12, 2026 · Period ending June 11, 2026 · ~1 min read

Key Changes

• high

  President Jason Pernell separated from the company effective June 11, 2026, through mutual agreement. The departure was formalized with a separation agreement including mutual release of claims.

  Item 5.02 verify on EDGAR →
• medium

  Pernell agreed to a one-year lock-up preventing sale or transfer of any company shares or equity securities, mitigating near-term selling pressure from the departing executive.

  Item 5.02 verify on EDGAR →
• low

  Severance package includes $15,000 cash, Q2 2026 bonus eligibility, prorated fiscal 2026 performance bonus, up to 18 months COBRA coverage, and accelerated vesting of unvested annual equity awards.

  Item 5.02 verify on EDGAR →