CEO Barbara Sher resigns from Greenlane; receives $1M settlement

Greenlane Holdings, Inc.

Barbara Sher resigned as CEO and director effective December 19, 2025, under a mutual settlement agreement.
Sher receives a lump-sum cash payment of $1,000,000, with continued base salary through December 31, 2025.
Board reduced to four directors, all independent; vacancy to be filled per bylaws.
Employment agreement and stock option agreement terminated; no further 2025 bonus or incentive compensation.
Mutual releases of claims; Sher retains indemnification rights and company non-disparagement commitment.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.