Lazzarato David Angelo 4
Research Summary
AI-generated summary
Canopy Growth (CGC) Director David Lazzarato Sells 15,624 Shares
What Happened
David Angelo Lazzarato, a director of Canopy Growth Corp (CGC), reported a sale of 15,624 common shares on 2026-03-31. The shares were disposed at $0.93 per share for a total of $14,530. This transaction is reported as a sale (S) and was associated with tax obligations from vested restricted stock units.
Key Details
- Transaction date and price: 2026-03-31 — 15,624 shares at $0.93 each (total $14,530).
- Transaction type: Sale (open market or private sale indicated on the filing).
- Footnote: The shares sold were previously granted as RSUs on June 3, 2025; the disposition is associated with tax obligations upon vesting (see F1).
- Shares owned after transaction: Not specified in the provided filing summary.
- Filing date / accession: Form filed 2026-04-02 (Accession 0001104659-26-039166); no late-filing flag indicated in the information provided.
Context
This sale stems from RSU vesting and related tax obligations rather than a new market-position decision. Such disposals to satisfy tax withholding are common and do not necessarily indicate a change in an insider’s view on the company.