Form 4: TerrAscend Corp. Director DioGuardi Sells Shares to Cover Tax Obligations
SEC Form 4
Director Kara DioGuardi sold 66,721 common shares of TerrAscend Corp. on December 31, 2024, to cover tax obligations related to the settlement of restricted share units.
Summary
- Kara DioGuardi, a director of TerrAscend Corp., disposed of 66,721 common shares on December 31, 2024.
- The shares were sold at a price of $0.65 per share.
- The transaction was executed to satisfy tax withholding obligations related to the settlement of restricted share units under the company's equity plan.
- Following the transaction, DioGuardi directly owns 272,367 common shares of TerrAscend Corp.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) by a company director, which is neither particularly positive nor negative.
Industry Context
Sales of shares by company directors are a normal part of corporate governance. It is common for shares to be sold to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction: Kara DioGuardi disposed of 66,721 common shares. |
| 01/03/2025 | Date of signature on the SEC Form 4 filing. |
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