Form 4: Cannabist Co Holdings Inc.: President Jesse Channon Reports Stock Transactions
SEC Form 4
Jesse Channon, President of Cannabist Co Holdings Inc., reports the vesting and settlement of restricted stock units (RSUs) into common shares.
Summary
- On January 1, 2024, Jesse Channon, President of Cannabist Co Holdings Inc., vested and settled 170,069 restricted stock units (RSUs) into common shares.
- On March 23, 2024, Mr. Channon vested and settled 25,958 RSUs into common shares.
- Following these transactions, Mr. Channon directly owns 652,929 common shares and 25,959 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative implications for the company's performance.
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 holdings and transactions of key personnel.
Stakeholder Impact
- Shareholders are informed about the insider transactions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 01/01/2021 | Initial vesting date for 680,273 RSUs granted on March 17, 2020, with 170,068 RSUs vesting on this date. |
| 01/01/2022 | Second vesting date for 680,273 RSUs granted on March 17, 2020, with 170,068 RSUs vesting on this date. |
| 01/01/2023 | Third vesting date for 680,273 RSUs granted on March 17, 2020, with 170,068 RSUs vesting on this date. |
| 03/17/2020 | Grant date of 680,273 RSUs vesting annually beginning January 1, 2021. |
| 03/23/2021 | Grant date of 103,834 RSUs vesting annually beginning March 23, 2022. |
| 03/23/2022 | Initial vesting date for 103,834 RSUs granted on March 23, 2021, with 1/4 vesting on this date. |
| 01/01/2024 | Vesting and settlement of 170,069 RSUs into common shares. |
| 03/23/2024 | Vesting and settlement of 25,958 RSUs into common shares. |
| 03/26/2024 | Date of the Form 4 filing. |
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