Form 4: Cannabist Co Holdings Inc.: Chief Legal Officer David Sirolly Reports Stock Transactions
SEC Form 4
David Sirolly, Chief Legal Officer/GC of Cannabist Co Holdings Inc., reports the vesting of restricted stock units (RSUs) and subsequent acquisition of common shares.
Summary
- On March 20, 2025, David Sirolly, the Chief Legal Officer/GC of Cannabist Co Holdings Inc., reported a transaction involving restricted stock units (RSUs).
- 187,850 common shares were acquired as a result of RSU vesting.
- Following the transaction, Sirolly directly owns 837,239 common shares.
- The RSUs were granted on March 20, 2024, and vest in three annual installments, starting March 20, 2025.
- Settlement of vested RSUs will occur within 60 days of the applicable vesting date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment. It reflects routine compensation practices.
Future Outlook
Settlement of vested RSUs will occur within 60 days of the applicable vesting date.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the alignment of management's interests with those of shareholders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Grant date of 552,500 RSUs, vesting annually over three years. |
| 03/20/2025 | Date of transaction: Vesting of RSUs and acquisition of 187,850 common shares. |
| 03/24/2025 | Date of report filing. |
Keywords
Form 4, Cannabist Co Holdings Inc., CBSTF, David Sirolly, Chief Legal Officer, Restricted Stock Units, RSU, Common Shares, Beneficial Ownership, Securities Exchange Act
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