Form 4: Cannabist Co Holdings Inc.: Chief HR Officer Bryan Olson Reports Stock Transactions
SEC Form 4
Chief HR Officer Bryan Olson reports the vesting of restricted stock units (RSUs) in Cannabist Co Holdings Inc. common stock.
Summary
- On April 5, 2025, Bryan Olson, Chief HR Officer of Cannabist Co Holdings Inc., reported the vesting of 545,455 restricted stock units (RSUs) which converted into common shares.
- Following the transaction, Olson directly owns 2,161,903 common shares and indirectly owns 1,000 common shares held in an Individual Retirement Account.
- The RSUs were granted on August 7, 2023, and vest in installments: 40% vested on April 5, 2024, and 30% will vest on each of April 5, 2025, and April 5, 2026.
- Settlement of vested RSUs will occur as soon as practicable following vesting.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
30% of the total RSU grant will vest on April 5, 2026.
Industry Context
This filing is a routine disclosure related to executive compensation in a publicly traded company within the cannabis industry. Vesting of RSUs is a common practice to incentivize and retain key personnel.
Stakeholder Impact
- The vesting of RSUs may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 08/07/2023 | RSUs were granted |
| 04/05/2024 | 40% of the total RSU grant vested |
| 04/05/2025 | Transaction date: 545,455 RSUs vested and converted to common shares; 30% of the total RSU grant vested |
| 04/05/2026 | 30% of the total RSU grant will vest |
| 04/07/2025 | Date of signature for the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Bryan Olson, Cannabist Co Holdings Inc., CBSTF, Restricted Stock Units, RSU, Common Shares, Vesting, Chief HR Officer
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