Canopy Growth (CGC) Director David Lazzarato Sells 22,380 Shares

What Happened David Angelo Lazzarato, a director of Canopy Growth Corp (CGC), disposed of 22,380 shares on 2026-09-28 in an open-market/private sale at $0.93 per share, for proceeds of $20,742. This was a sale (not a purchase) and the filing indicates the disposition is associated with tax obligations related to previously granted RSUs.

Key Details

• Transaction date: 2026-09-28; Filing date: 2026-09-30 (filed timely).
• Transaction type/code: Sale (S) — open market or private sale.
• Price and value: 22,380 shares × $0.93 = $20,742 total.
• Shares owned after transaction: Not specified in the provided summary of the filing.
• Footnote: The shares sold were from RSUs granted on June 17, 2026; the disposition is to meet tax obligations tied to RSU vesting.
• No indication of a 10b5‑1 plan or late filing in this record.

Context The filing shows this sale was to satisfy tax liabilities from RSU vesting rather than an independent market-timing purchase or sale. Such dispositions to cover tax withholding are common and do not necessarily reflect the insider’s view of the company’s prospects. Purchases generally carry more weight as signals, while routine RSU-related sales are often administrative.