Form 4: TILT Holdings Director Arthur Smuck Reports Transaction
SEC Form 4
Director Arthur Smuck reports a transaction involving common shares and restricted share units of TILT Holdings Inc.
Summary
- On June 10, 2024, Arthur Smuck, a director of TILT Holdings Inc., reported a transaction.
- The transaction involved the disposition of 617,076 common shares and the vesting of 617,076 restricted share units (RSUs).
- Following the transaction, Smuck beneficially owns 2,468,301 common shares.
- The RSUs vest in installments and do not expire.
Sentiment
Score: 5
Explanation: The document is a neutral report of a transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership.
- The vesting of RSUs is part of the compensation package for the director.
Key Dates
| Date | Description |
|---|---|
| 09/29/2023 | 617,075 RSUs vested |
| 12/29/2023 | 617,075 RSUs vested |
| 03/29/2024 | 617,075 RSUs vested |
| 06/10/2024 | Transaction date: 617,076 common shares disposed of and 617,076 RSUs vested |
| 06/11/2024 | Date of report filing |
Keywords
TILT Holdings Inc., Arthur Smuck, Form 4, Director, Common Shares, Restricted Share Units, Transaction, Beneficial Ownership
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