Form 4: Cannabist Co Holdings Inc. Director Rosemary Mazanet Reports Stock Transactions
SEC Form 4 Filing
Director Rosemary Mazanet reported the vesting and settlement of restricted stock units into common shares of Cannabist Co Holdings Inc.
Summary
- On March 23, 2024, Rosemary Mazanet, a director of Cannabist Co Holdings Inc., reported a transaction involving restricted stock units (RSUs).
- 18,171 RSUs vested and were converted into 18,171 common shares.
- Following the transaction, Mazanet directly owns 1,535,372 common shares.
- The RSUs were granted on March 23, 2021, and vest in four equal annual installments starting March 23, 2022.
- Settlement of vested RSUs occurs within 60 days of the vesting date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new common shares.
Key Dates
| Date | Description |
|---|---|
| 03/23/2021 | Date of RSU grant (72,684 RSUs) |
| 03/23/2022 | First vesting date of RSUs (1/4 of total) |
| 03/23/2024 | Date of reported transaction: vesting and conversion of 18,171 RSUs |
| 03/26/2024 | Date of Form 4 filing |
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