Canopy Growth Corp·4

Apr 2, 4:16 PM ET

Yanofsky Theresa 4

Research Summary

AI-generated summary

Updated

Canopy Growth (CGC) Director Theresa Yanofsky Sells Shares

What Happened

  • Theresa Yanofsky, a director of Canopy Growth Corp (CGC), sold 10,373 shares on March 31, 2026 in an open-market/private sale. The shares were sold at $0.93 per share for proceeds of approximately $9,647.
  • The filing notes the shares were originally granted as restricted stock units (RSUs) on June 3, 2025, and the disposition is associated with the reporting person's tax obligations upon RSU vesting. This is a sale (not a purchase) and appears to be a routine tax-related disposition rather than a directional investment signal.

Key Details

  • Transaction date and price: 2026-03-31 at $0.93 per share.
  • Shares sold / proceeds: 10,373 shares for about $9,647.
  • Shares owned after transaction: not specified in the Form 4 filing.
  • Footnote: Shares were RSUs granted 6/3/2025; sale associated with tax obligations from vesting.
  • Filing: Form 4 filed April 2, 2026 (Accession: 0001104659-26-039179); filing appears to be timely.

Context

  • Tax-withholding or tax-liability sales following RSU vesting are common and typically reflect tax obligations rather than a change in the insider’s view of the company.
  • The monetary value of this transaction is small relative to company size; retail investors should weigh this as routine insider administrative activity unless accompanied by other significant insider trades.