Form 4: Cannabist Co Holdings Inc. Director Exercises Stock Options
SEC Form 4 Filing
Rosemary Mazanet, a director of Cannabist Co Holdings Inc., reports the exercise of stock options and acquisition of common shares on March 31, 2025.
Summary
- On March 31, 2025, Rosemary Mazanet, a director of Cannabist Co Holdings Inc., exercised restricted stock units (RSUs) and acquired common shares.
- She acquired 37,791 shares through the exercise of RSUs that were granted on March 31, 2022, vesting annually beginning March 31, 2023.
- Additionally, she acquired 41,529 shares through the exercise of RSUs granted on March 31, 2022, vesting 75% on March 31, 2024, and 25% on March 31, 2025.
- Following these transactions, Mazanet directly owns 2,251,360 common shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock option exercises, indicating a neutral sentiment.
Industry Context
This filing reflects insider activity related to equity compensation, which is a common practice in publicly traded companies, including those in the cannabis industry. It indicates the director's continued investment in the company.
Stakeholder Impact
- The transaction increases the director's stake in the company, potentially aligning her interests further with those of other shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/31/2022 | Grant date of 151,163 and 166,113 RSUs |
| 03/31/2023 | First annual vesting date for 1/4 of 151,163 RSUs |
| 03/31/2024 | Vesting date for 75% of 166,113 RSUs |
| 03/31/2025 | Transaction date: Exercise of RSUs and acquisition of common shares; Vesting date for 25% of 166,113 RSUs |
| 04/02/2025 | Date of Form 4 filing |
Keywords
Form 4, Director, RSU, Common Shares, Cannabist Co Holdings Inc., CBSTF, Mazanet
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