Form 4: Canopy Growth Corp Director Willy Kruh Disposes of Shares to Cover Tax Obligations

Sentiment:

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

DateDescription
2024-06-10Date of grant for restricted stock units (RSUs).
2024-12-31Date of transaction: Disposal of shares to cover tax obligations.
2025-01-03Date of signature for the Form 4 filing.

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