Mongeau Luc 4
4 · Canopy Growth Corp · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Canopy Growth (CGC) CEO Luc Mongeau Sells 9,376 Shares
What Happened
- Luc Mongeau, CEO of Canopy Growth Corp. (CGC), sold 9,376 shares on 2026-02-11 at $1.06 per share for total proceeds of $9,951 (USD). The filing reports this sale as associated with tax obligations arising from the vesting of previously granted RSUs.
Key Details
- Transaction date and price: 2026-02-11, sale of 9,376 shares at $1.06 each (total $9,951 USD).
- Currency note: Footnote reports the per-share amount equals C$1.4406 using the Bank of Canada rate (file date conversion); total proceeds ≈ C$13.5k.
- Reason/footnote: Shares were granted as RSUs on February 11, 2025; the disposition is tied to tax withholding on RSU vesting (Footnote F1).
- Transaction type: Reported as a sale (code S), open-market or private sale type indicated.
- Shares owned after transaction: Not disclosed in the Form 4.
- Filing timeliness: Report filed 2026-02-12 for a 2026-02-11 transaction — appears timely.
Context
- This sale is described as a tax-related disposition of vested RSUs rather than an opportunistic market sale. Such tax-withholding sales are common when equity awards vest and do not necessarily signal a change in insider sentiment.
Insider Transaction Report
Form 4
Mongeau Luc
DirectorChief Executive Officer
Transactions
- Sale
Common Shares
[F1][F2]2026-02-11$1.06/sh−9,376$9,951→ 802,992 total
Footnotes (2)
- [F1]The shares reported as disposed herein were granted on February 11, 2025 in the form of restricted stock units ("RSUs"). The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of the RSUs.
- [F2]Equals C$1.4406, based on the Bank of Canada conversion rate as of February 11, 2026 of C$1.3574 per US$1.00.
Signature
/s/ Shai Marshall, Attorney-in-fact for Luc Mongeau|2026-02-12