Form 4: Cannabist Co Holdings Inc. Director Alison Worthington Reports Share Transactions

Director Alison Worthington reports the acquisition and disposal of Cannabist Co Holdings Inc. common shares and restricted stock units.

Summary

• On June 26, 2024, Alison Worthington, a director of Cannabist Co Holdings Inc., reported transactions involving the company's securities.
• Worthington disposed of 309,091 common shares.
• Worthington acquired 309,091 common shares through the vesting of restricted stock units (RSUs) granted on November 8, 2023, which fully vested on the date of the Issuer's 2024 annual meeting.
• Worthington also acquired 805,264 RSUs on June 26, 2024, which will fully vest on the date of the Issuer's 2025 annual meeting.
• Settlement for both RSU grants will occur as soon as administratively feasible following the vesting date.
• Following these transactions, Worthington directly owns 805,264 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

Settlement of the vested and newly granted RSUs will occur as soon as administratively feasible following their respective vesting dates.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• Shareholders are informed about insider transactions, providing transparency.
• Employees may be affected by the vesting of RSUs if they are also recipients of such grants.

Next Steps

• Settlement of vested RSUs to occur as soon as administratively feasible.
• Settlement of newly granted RSUs to occur as soon as administratively feasible following the 2025 annual meeting.

Key Dates