Form 4: TILT Holdings Director Barravecchia Reports Share Disposal Following RSU Vesting

Director John R. Barravecchia reports the disposal of shares following the vesting of restricted share units (RSUs) in TILT Holdings Inc.

Summary

• On March 29, 2024, Director John R. Barravecchia reported a transaction involving TILT Holdings Inc. shares.
• The transaction involved the disposal of 617,075 common shares due to the vesting of restricted share units (RSUs).
• Following the transaction, Barravecchia directly owns 617,076 RSUs and 3,015,478 common shares.
• The RSUs vest in installments, with the next vesting date being the business day immediately preceding the company's next annual general meeting of shareholders, contingent on continued service as a director.

Sentiment

Score: 5

Explanation: The filing is a standard disclosure of a transaction related to executive compensation and does not inherently convey positive or negative sentiment.

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 executive compensation and does not necessarily indicate a change in the company's overall prospects.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.

Key Dates

Keywords

TILT Holdings, Barravecchia, Director, Form 4, RSU, Share Disposal, Beneficial Ownership, TLLTF