BAYERN JOSEPH 4

What Happened

• Joseph Bayern, a director of Canopy Growth Corp (CGC), reported a sale of 2,658 shares on March 31, 2026. The shares were disposed at $0.93 each, for total proceeds of approximately $2,472. According to the filing footnote, the shares were originally granted as restricted stock units (RSUs) on November 11, 2025, and the disposition is associated with the reporting person's tax obligations upon vesting of those RSUs.

Key Details

• Transaction date and price: 2026-03-31, sale at $0.93 per share.
• Shares disposed: 2,658; transaction code: S (sale).
• Proceeds: ~$2,472.
• Shares owned after transaction: Not specified in the information provided in this summary (check the Form 4 for "Owned Following Reported Transaction" if needed).
• Footnote: F1 — disposal relates to RSUs granted 11/11/2025 and was made to satisfy tax obligations tied to vesting.
• Filing: Form 4 filed on 2026-04-02 covering the 3/31/2026 transaction (filed within the typical 2-business-day window).

Context

• Sales tied to RSU vesting and tax withholding are common and often routine administrative transactions; they do not necessarily signal a change in the insider’s view of the company. This was a small, post-vesting tax-related sale rather than a market-timed divestiture.