Ghanem Ziad 4

What Happened Ziad Ghanem, President and CEO of TerrAscend Corp. (TSNDF), was granted 1,388,040 restricted share units (RSUs) on April 3, 2026 (reported as an A — award/grant). Separately, 105,051 shares were withheld by the company on April 4, 2026 to satisfy tax withholding obligations related to the RSU settlement (reported as F — tax withholding), at $0.68 per share for a withholding value of $71,435. The RSU grant is not a purchase — it is compensation that vests over time.

Key Details

• Transaction dates and amounts:
  • 2026-04-03: RSU Award — 1,388,040 units @ $0.00 (A)
  • 2026-04-04: Tax withholding — 105,051 shares disposed @ $0.68 = $71,435 (F)
• Vesting: RSUs vest in equal annual installments over four years beginning April 3, 2026, subject to continuous service (Footnote F1).
• Withholding: Shares were withheld by the issuer to satisfy tax obligations upon settlement of RSUs (Footnote F2).
• Shares owned after transaction: Not specified in the provided filing.
• Filing: Form 4 filed Apr 7, 2026 for transactions on Apr 3–4, 2026 — appears to be filed within the usual short reporting window.

Context RSUs are a form of equity compensation that convert to shares according to a vesting schedule; they are not an open‑market purchase or a sale of personally purchased stock. The withheld 105,051 shares reflect a routine cashless tax withholding to cover tax liabilities at settlement and do not necessarily indicate a decision to divest additional shares for investment reasons.