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Planet 13 holdings co-CEO Groesbeck sells $91k in stock

Published 02/09/2025, 23:28
Planet 13 holdings co-CEO Groesbeck sells $91k in stock
PLNH
-3.23%

Robert Groesbeck, Co-CEO of Planet 13 Holdings Inc (OTCQX:PLNH), recently sold shares of the company’s common stock. According to a Form 4 filing with the Securities and Exchange Commission, the sales totaled $91,758. The transaction comes as the company, currently valued at $91.7 million, has seen its stock decline 15.2% over the past week. InvestingPro analysis suggests the stock is currently trading below its Fair Value.

The transactions, both sales, occurred on August 29, 2025, and September 2, 2025.

On September 2, 2025, Groesbeck sold 73,000 shares at a price of $0.2763 per share. On August 29, 2025, he sold 245,000 shares at $0.2922 per share. Following these transactions, Groesbeck continues to indirectly hold 5,529,294 shares through PRMN Investments Ltd., and 30,413,176 shares through RAG Holdings LLC. He also directly holds 1,113,813 shares.

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