ATKINS M SHAN 4
4 · Canopy Growth Corp · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
Canopy Growth (CGC) Director M. Shan Atkins Sells 3,197 Shares
What Happened M. Shan Atkins, a director of Canopy Growth Corp (CGC), disposed of 3,197 shares in a sale on June 26, 2026. The shares were sold at $0.92 per share for total proceeds of approximately $2,953. The filing notes the shares were RSUs that vested and the sale was associated with tax obligations tied to that vesting — a routine tax-withholding disposition rather than an independent investment sale.
Key Details
- Transaction date and price: June 26, 2026 — sale of 3,197 shares at $0.92 per share.
- Total proceeds: ~$2,953.
- Transaction type: Sale (reported as S); disposition tied to RSU vesting/tax obligations (see footnote).
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Filing date: June 29, 2026. The Form 4 does not indicate a late-filing flag.
Context Sales to cover tax withholding when RSUs vest are common and typically reflect tax obligations rather than a judgment about the company’s prospects. This transaction does not provide the same informational signal as an open-market sale initiated for cash needs or portfolio reasons, nor does it indicate a new purchase interest in the stock.
Insider Transaction Report
- Sale
Common Shares
[F1]2026-06-26$0.92/sh−3,197$2,953→ 146,517 total
Footnotes (1)
- [F1]The shares reported as disposed herein were granted on June 17, 2026, in the form of restricted stock units ("RSUs"). The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of the RSUs.