Form 4: Cannabist Co Holdings CEO David Hart Reports Stock Transactions
SEC Form 4 Filing
David James Hart, CEO of Cannabist Co Holdings Inc., reports the acquisition of common shares through the vesting of restricted stock units (RSUs).
Summary
- On March 31, 2025, David James Hart, the CEO of Cannabist Co Holdings Inc., reported transactions involving the company's common shares.
- Hart acquired 80,980 shares and 145,349 shares through the vesting of restricted stock units (RSUs).
- Following these transactions, Hart directly owns 3,176,516 common shares and indirectly owns 114,000 shares held in an Individual Retirement Account.
- The RSUs were granted on March 31, 2022, and vest according to specified schedules.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The vesting of RSUs indicates that the CEO is meeting performance or time-based milestones set by the company.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the CEO's holdings and alignment with shareholder interests.
Stakeholder Impact
- The increased ownership of shares by the CEO could be viewed positively by shareholders as it aligns management's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 03/31/2022 | Date of grant for 323,921 and 581,396 RSUs. |
| 03/31/2023 | First vesting date for 1/4 of the 323,921 RSUs. |
| 03/31/2024 | Vesting date for 75% of the 581,396 RSUs. |
| 03/31/2025 | Date of reported transactions: vesting of 80,980 and 145,349 RSUs; final vesting date for the remaining 25% of the 581,396 RSUs. |
| 04/02/2025 | Date of Form 4 filing. |
Keywords
Cannabist Co Holdings Inc., David James Hart, CEO, Form 4, insider trading, restricted stock units, RSU, common shares, beneficial ownership, CBSTF
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