Form 4: Cannabist Co Holdings Inc. Executive Reports Tax Withholding
SEC Form 4 Filing
David Sirolly, Chief Legal Officer/GC of Cannabist Co Holdings Inc., reports the withholding of shares to cover taxes upon settlement of annual equity grants.
Summary
- On April 25, 2025, David Sirolly, the Chief Legal Officer/GC of Cannabist Co Holdings Inc., had 250,824 common shares withheld by the issuer to cover taxes related to the settlement of annual equity grants.
- The shares were withheld at a price of $0.04, converted from a Canadian withholding price of $0.05 using an exchange rate of C$1.3810 = US$1.00.
- Following the transaction, Sirolly directly owns 1,113,654 common shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to tax withholding, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Date of the transaction where shares were withheld for tax purposes. |
| 04/28/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Cannabist Co Holdings Inc., CBSTF, David Sirolly, Chief Legal Officer, Equity Grants, Tax Withholding, Shares
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