Ghanem Ziad 4

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.