Form 4: TILT Holdings Director Adam Draizin Reports Share Transactions

Director Adam Draizin reports the vesting and disposal of restricted share units (RSUs) in TILT Holdings Inc.

Summary

• Adam R. Draizin, a director of TILT Holdings Inc., reported transactions involving the company's common shares and restricted share units (RSUs).
• On March 29, 2024, 617,075 RSUs vested and were subsequently disposed of.
• These RSUs were converted into common shares, which were then disposed of.
• Following these transactions, Draizin directly owns 617,076 RSUs and 1,851,225 common shares.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider transactions, with no inherent positive or negative implications for the company's performance.

Future Outlook

617,076 RSUs will vest on the business day immediately preceding the date of the Issuer's next annual general meeting of shareholders, subject to the Reporting Person continuing as a director on each vesting date.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company directors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership of common shares.

Key Dates

Keywords

TILT Holdings Inc., Adam Draizin, Director, Form 4, RSU, Restricted Share Units, Common Shares, Beneficial Ownership, Transaction