Form 4: Cannabist Co Holdings Inc.: Chief Legal Officer Reports Stock Transactions

David Sirolly, Chief Legal Officer of Cannabist Co Holdings Inc., reports the vesting and acquisition of 18,087 common shares on May 1, 2025, increasing his direct holdings to 1,131,741 shares.

Summary

• On May 1, 2025, David Sirolly, the Chief Legal Officer of Cannabist Co Holdings Inc., filed a Form 4 to report changes in beneficial ownership of the company's stock.
• The report indicates that 18,087 common shares were acquired through the vesting of restricted stock units (RSUs).
• These RSUs were part of a grant made on May 24, 2021, which vested in installments.
• Specifically, 18,086 RSUs vested on May 1, 2022, and May 1, 2024, with 18,087 vesting on May 1, 2023, and May 1, 2025.
• Following the reported transaction, Sirolly directly owns 1,131,741 common shares.
• 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, reflecting a neutral sentiment. It simply reports transactions related to executive compensation.

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 key personnel.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns management's interests with those of the shareholders through equity ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, Common Shares, Cannabist Co Holdings Inc., David Sirolly, Vesting