Form 4: Cannabist Co Holdings Inc. President Jesse Channon Reports Tax-Related Share Withholding

Jesse Channon, President of Cannabist Co Holdings Inc., reports the withholding of 370,477 common shares to cover taxes related to share settlement for annual equity grants.

Summary

• On April 25, 2025, Jesse Channon, President of Cannabist Co Holdings Inc., reported a transaction involving common shares.
• The transaction involved the withholding of 370,477 shares by the issuer to cover taxes on behalf of Mr. Channon at the time of share settlement for annual equity grants.
• The price per share for the withholding was $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, Mr. Channon beneficially owns 2,083,453 common shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to executive compensation and doesn't inherently convey positive or negative sentiment. It's a neutral disclosure.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It doesn't necessarily reflect the overall performance or strategic direction of Cannabist Co Holdings Inc.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it relates to tax obligations on executive compensation.

Key Dates

Keywords

Form 4, Beneficial Ownership, Cannabist Co Holdings Inc., Jesse Channon, Share Withholding, Equity Grants, Taxes