Gedeon Christelle 4

What Happened
Gedeon Christelle, Chief Legal Officer and Corporate Secretary of Canopy Growth Corp (CGC), reported a small open‑market sale and multiple equity awards on June 17, 2026. She sold 58,994 shares at $0.97 each for about $57,466 to cover tax obligations tied to prior RSU vesting. On the same date she was reported as acquiring 396,012 shares as awards (RSUs) and 484,122 derivative shares (options) at $0.00 value (typical for grants).

Key Details

• Transaction date: June 17, 2026.
• Sale: 58,994 shares @ $0.97, proceeds ~$57,466 (open market sale; tied to tax withholding).
• Awards: 396,012 shares (RSU award) and 484,122 derivative shares (option grant) reported as acquired at $0.00.
• Footnotes: Disposition/sale tied to tax withholding from RSUs granted June 10, 2024 and June 3, 2025 (F1, F2). The derivative option grant vests in three equal annual installments starting on the grant date of June 17, 2026 (F3).
• Shares owned after the transactions are not specified in the provided filing.
• Filing: Report filed June 22, 2026 — appears late (Form 4s are generally required within two business days of transaction).

Context

• The sale appears to be a routine tax‑withholding sale related to vested RSUs rather than a standalone bearish trade signal.
• The awards are grants (RSUs and options); the options vest over three years and are not fully exercisable immediately. Grants do not represent a cash purchase and are compensation rather than an out‑of‑pocket investment by the insider.