Form 4: Canopy Growth Corp Director Willy Kruh Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Director Willy Kruh disposed of 2,012 common shares of Canopy Growth Corp on June 28, 2024, to cover tax obligations related to the vesting of restricted stock units.
Summary
- On June 28, 2024, Willy Kruh, a director of Canopy Growth Corp, disposed of 2,012 common shares.
- The shares were sold at a price of $6.41 per share.
- This transaction was executed to cover tax obligations associated with the vesting of restricted stock units (RSUs) that were granted on June 10, 2024.
- Following the transaction, Kruh directly owns 15,283 common shares of Canopy Growth Corp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a relatively small number of shares being disposed of by a director to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date the restricted stock units (RSUs) were granted to Willy Kruh. |
| 06/28/2024 | Date of the transaction where Willy Kruh disposed of 2,012 common shares. |
| 07/02/2024 | Date of signature for the Form 4 filing. |
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