---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-039217"
form_type: "8-K"
ticker: "JUSHF"
cik: "0001909747"
company_name: "Jushi Holdings Inc."
filed_at: "2023-11-16T23:59:59+00:00"
generated_at: "2026-06-08T01:32:52.506130+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Jushi CEO waives $950K compensation, gets $1.15M notes; option repricing for 3.2M shares

## Summary
- CEO Cacioppo waives $100K salary increase and $850K bonus, cancels 3M options; receives $212,500 cash, $1.15M in 12% second lien notes due 2026, and ~$575K warrants.
- Option repricing program for 3,224,000 options (11% of plan) held by 7 senior managers and 3 independent directors; options cancelled and reissued at current trading price.
- CFO Michelle Mosier offered cancellation of warrants for 200,000 SVS at $1.75, to be reissued with different exercise price and shorter expiration.
- Company cites need to retain talent, manage share reserve, and conserve cash; CEO not eligible for repricing program.

## SEC filing metadata
- accession: 0001628280-23-039217
- form_type: 8-K
- ticker: JUSHF
- cik: 0001909747
- company_name: Jushi Holdings Inc.
- filed_at: 2023-11-16T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.03, 5.02, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1909747/000162828023039217/0001628280-23-039217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1909747/000162828023039217/jush-20231115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-039217
- JSON: https://secwatch.observer/filing/0001628280-23-039217.json
- Plain text: https://secwatch.observer/filing/0001628280-23-039217.txt

## Key facts
- Debt Financings
  Jushi Holdings Inc. incurred senior notes of $1,150,000 aggregate principal amount with James Cacioppo at 12%.
  - Instrument: senior notes
  - Principal: $1,150,000 aggregate principal amount
  - Counterparty: James Cacioppo
  - Rate: 12%
  - Event: incurrence
  source text: US$1,150,000 aggregate principal amount of 12% second lien notes on the same terms as the notes that were issued by the Company in its private placement that was completed in December 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1909747/000162828023039217/0001628280-23-039217-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.