Form 4: TerrAscend Corp. Director Edward J. Schutter Reports Changes in Beneficial Ownership
SEC Form 4
Director Edward J. Schutter reports a transaction involving common shares of TerrAscend Corp. due to tax withholding obligations.
Summary
- On March 25, 2025, Director Edward J. Schutter reported a transaction involving TerrAscend Corp. common shares.
- 2,422 shares were withheld by the issuer to satisfy tax withholding obligations related to the settlement of restricted share units.
- The price per share for the transaction was $0.46.
- Following the transaction, Schutter directly owns 1,536,375 common shares.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Date of transaction involving common shares. |
| 03/26/2025 | Date of signature on the report. |
Keywords
TerrAscend Corp., Edward J. Schutter, Form 4, Beneficial Ownership, Director, Tax Withholding, TSNDF, Restricted Share Units, Equity Plan
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