ATKINS M SHAN 4
Research Summary
AI-generated summary
Canopy Growth (CGC) Director M. Shan Atkins Receives 108,324 RSUs
What Happened
M. Shan Atkins, a director of Canopy Growth Corp (CGC), received a grant of 108,324 restricted stock units (RSUs) on June 17, 2026. The grant was reported at a $0 per-share acquisition price (typical for RSU awards), so the reported cash consideration at grant is $0. This is an award of equity compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: June 17, 2026; filing date: June 22, 2026 (filed 5 days after the transaction and appears late relative to the usual Form 4 two-business-day reporting requirement).
- Grant: 108,324 RSUs; reported acquisition price: $0.00 (award/grant).
- Shares owned after transaction: Not specified in the information provided in this summary.
- Footnote: RSUs vest in four equal installments on June 26, 2026; September 28, 2026; December 29, 2026; and March 29, 2027.
- No indication of a 10b5-1 plan, tax-withholding share surrender, or immediate sale in this filing.
Context
RSU grants are a form of compensation that convert to shares upon vesting and do not require an up-front cash purchase by the insider. Because this is an award (not a purchase or sale), it should not be read as a direct bullish or bearish signal about the insider’s near-term market view. The late filing is a procedural note investors may monitor, as timely reporting is required under SEC rules.