Form 4: Canopy Growth Corp Director Willy Kruh Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Director Willy Kruh disposed of 2,004 common shares of Canopy Growth Corp on December 31, 2024, to cover tax obligations related to the vesting of restricted stock units.
Summary
- Willy Kruh, a director of Canopy Growth Corp, disposed of 2,004 common shares on December 31, 2024.
- 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, Kruh directly owns 11,284 common shares.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neutral in sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine disposal of shares related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 2024-06-10 | Date of grant for restricted stock units (RSUs). |
| 2024-12-31 | Date of transaction: Disposal of shares to cover tax obligations. |
| 2025-01-03 | Date of signature for the Form 4 filing. |
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