Canopy Growth (CGC) Director M. Shan Atkins Sells 3,096 Shares

What Happened M. Shan Atkins, a director of Canopy Growth Corp (CGC), sold 3,096 shares on September 28, 2026. The shares were disposed at $0.93 per share for a total of approximately $2,869. The Form 4 lists the transaction as an open market or private sale (code S).

Key Details

• Transaction date: 2026-09-28; Price: $0.93; Shares sold: 3,096; Total value: ~$2,869
• Filing date (Form 4): 2026-09-30 (reports the Sep 28 transaction) — within the typical two-business-day window.
• Ownership after transaction: Not specified in the provided filing details.
• Footnote: The shares sold were RSUs granted on June 17, 2026; the disposition is associated with the reporting person's tax obligations upon RSU vesting.

Context

• This sale appears tied to tax obligations from vested restricted stock units (per the footnote), a common, routine reason insiders sell shares. Such transactions typically do not by themselves signal a change in insider confidence.