ATKINS M SHAN 4
Research Summary
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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.