Form 4: Cannabist Co Holdings Inc.: Chief Legal Officer Reports Stock Transactions
SEC Form 4 Filing
David Sirolly, Chief Legal Officer of Cannabist Co Holdings Inc., reports the vesting of restricted stock units and subsequent ownership of common shares.
Summary
- On May 1, 2024, David Sirolly, the Chief Legal Officer/GC of Cannabist Co Holdings Inc., reported a transaction involving restricted stock units (RSUs).
- 18,086 RSUs vested, converting into an equivalent number of common shares.
- Following the transaction, Sirolly directly owns 964,198 common shares and 18,087 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions, with no inherent positive or negative implications for the company's performance.
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 holdings of company insiders.
Stakeholder Impact
- Shareholders gain transparency into the stock ownership of key executives.
- Employees may be interested in the details of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/24/2021 | Date the RSUs were granted. |
| 05/01/2022 | First vesting date of the RSUs (1/4 annually). |
| 05/01/2024 | Date of the reported transaction (vesting of RSUs). |
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