Form 4: TerrAscend Corp. CFO Keith Stauffer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
TerrAscend Corp.'s CFO, Keith Stauffer, reports a transaction involving common shares due to tax withholding obligations.
Summary
- On March 21, 2024, TerrAscend Corp.'s CFO, Keith Stauffer, had 11,198 common shares withheld by the issuer to cover tax obligations related to the settlement of restricted stock units.
- The transaction price was $1.83 per share.
- Following the transaction, Stauffer directly owns 509,031 common shares.
- Stauffer also indirectly owns 700 common shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of transaction where shares were withheld for tax obligations. |
| 03/25/2024 | Date of signature on the Form 4 filing. |
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