BAYERN JOSEPH 4
Research Summary
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Canopy Growth (CGC) Director Joseph Bayern Sells 3,197 Shares
What Happened Joseph Bayern, a director of Canopy Growth Corp (CGC), disposed of 3,197 shares on June 26, 2026. The shares were sold at $0.92 each for a total of $2,953. The filing shows this sale was associated with RSUs that vested and the disposition was made to satisfy tax obligations tied to that vesting (see footnote F1). Transaction code: S (Sale).
Key Details
- Transaction date and price: 2026-06-26, 3,197 shares at $0.92 per share.
- Total proceeds: $2,953.
- Shares owned after transaction: not reported in the provided excerpt of the Form 4.
- Footnote: F1 states the shares were granted as RSUs on June 17, 2026, and the sale was tied to tax withholding for the RSU vesting.
- Filing date: Form 4 filed 2026-06-29; appears to be timely (filed within the required two business days).
Context This sale was a disposition related to RSU vesting and tax obligations, a common and generally routine event for insiders. Such transactions are often administrative (to cover taxes) and do not necessarily indicate a change in the insider’s view of the company.