Canopy Growth Corp·4

Jun 29, 4:15 PM ET

Lazzarato David Angelo 4

Research Summary

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Canopy Growth (CGC) Director David A. Lazzarato Sells 22,674 Shares

What Happened
David Angelo Lazzarato, a director of Canopy Growth Corp (CGC), sold 22,674 shares on June 26, 2026, at $0.92 per share for total proceeds of $20,944. The filing reports this as a sale (transaction code S) and the disposition is tied to recently vested restricted stock units.

Key Details

  • Transaction date and price: 2026-06-26 — 22,674 shares sold at $0.92 each. Total proceeds reported: $20,944.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnote: The shares sold were granted as RSUs on June 17, 2026; the sale is associated with tax obligations from the RSU vesting (sell-to-cover).
  • Filing timeliness: Form 4 filed 2026-06-29; this appears to be timely (filed within the required reporting window).

Context
Because the shares were RSUs sold to satisfy tax withholding related to vesting, this transaction is typically a routine administrative sale rather than a directional bet on the company. Sales to cover taxes are common and do not necessarily indicate management sentiment about future performance.