Form 4: Canopy Growth Corp Director Luc Mongeau Disposes of Shares to Cover Tax Obligations
SEC Form 4
Director Luc Mongeau disposed of 2,004 common shares of Canopy Growth Corp on December 31, 2024, to cover tax obligations related to vested restricted stock units.
Summary
- On December 31, 2024, Luc Mongeau, a director of Canopy Growth Corp, disposed of 2,004 common shares.
- The shares were sold at a price of $2.67 per share.
- This transaction was related to tax obligations arising from the vesting of restricted stock units (RSUs) that were granted on June 10, 2024.
- Following the transaction, Mongeau directly owns 11,277 common shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a share disposal for tax purposes. It doesn't convey any strong positive or negative sentiment about the company's performance or future prospects.
Industry Context
This transaction is a routine disclosure related to insider trading and tax obligations, common in publicly traded companies. It doesn't necessarily reflect a change in the director's outlook on the company's future.
Key Dates
| Date | Description |
|---|---|
| June 10, 2024 | Date the restricted stock units (RSUs) were granted. |
| December 31, 2024 | Date of the share disposal transaction. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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