Ghanem Ziad 4
4 · TerrAscend Corp. · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
TerrAscend CEO Ziad Ghanem Withholds 32,015 Shares for Taxes
What Happened
Ziad Ghanem, President and CEO of TerrAscend Corp., had a total of 32,015 restricted shares (RSUs) withheld by the issuer to cover tax withholding related to RSU settlement. The withholdings occurred in two dispositions: 9,998 shares on 2026-04-07 at $0.62 each ($6,199) and 22,017 shares on 2026-04-08 at $0.66 each ($14,531). This was a tax-withholding disposition (code F), not an open-market sale or purchase.
Key Details
- Transaction dates and prices:
- 2026-04-07: 9,998 shares withheld @ $0.62 — $6,199
- 2026-04-08: 22,017 shares withheld @ $0.66 — $14,531
- Total shares withheld: 32,015; total value ≈ $20,730.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote: Shares were withheld by the issuer to satisfy the reporting person’s tax withholding obligations in connection with RSU settlement under the company’s equity plan (footnote F1).
- Transaction code: F (tax withholding). Filing appears timely (Form 4 filed 2026-04-09 for transactions on 2026-04-07 and 04-08).
Context
This was a routine tax-withholding event tied to RSU settlement (a form of equity compensation). Withholding by the company to cover taxes is common and does not represent an open-market sale or a fresh purchase signal by the insider.
Insider Transaction Report
- Tax Payment
Common Shares
[F1]2026-04-07$0.62/sh−9,998$6,199→ 2,886,901 total - Tax Payment
Common Shares
[F1]2026-04-08$0.66/sh−22,017$14,531→ 2,864,884 total
Footnotes (1)
- [F1]Shares were withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the settlement of restricted share units pursuant to an equity plan administered by the Issuer.