Form 4: TerrAscend Corp. Director Collard Craig A Reports Tax Withholding Transaction
SEC Form 4 Filing
Director Collard Craig A of TerrAscend Corp. reports the withholding of 2,258 common shares to cover tax obligations related to restricted share units.
Summary
- On March 25, 2025, TerrAscend Corp. director Collard Craig A had 2,258 common shares withheld to satisfy tax obligations.
- The shares were withheld by the issuer in connection with the settlement of restricted share units under an equity plan.
- The transaction price was $0.46 per share.
- Following the transaction, Collard Craig A beneficially owns 642,885 common shares directly.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to tax obligations. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax obligations of a director.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Date of transaction: Shares withheld for tax obligations. |
| 03/26/2025 | Date of signature by Attorney-in-Fact. |
Keywords
TerrAscend Corp., Collard Craig A, Form 4, Director, Tax Withholding, Restricted Share Units, Equity Plan, Beneficial Ownership, TSNDF, Securities
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