TerrAscend (TSNDF) Chief People & Legal Officer Gefen Withholds Shares

What Happened
Lynn K. Gefen, Chief People and Legal Officer of TerrAscend Corp. (TSNDF), had a total of 13,003 shares withheld by the company to satisfy tax withholding on the settlement of restricted share units. On 2026-04-07 the issuer withheld 5,591 shares at $0.62 for $3,466, and on 2026-04-08 it withheld 7,412 shares at $0.66 for $4,892 — about $8,358 combined. This was a tax-withholding disposal (not an open-market sale).

Key Details

• Transaction dates and prices: 2026-04-07 — 5,591 shares @ $0.62 (reported $3,466); 2026-04-08 — 7,412 shares @ $0.66 (reported $4,892).
• Total shares withheld: 13,003; total value reported ≈ $8,358.
• Shares owned after the transaction: not specified in the summary provided.
• Footnote: Shares were withheld by the issuer to satisfy the reporting person’s tax withholding obligations in connection with settlement of restricted share units under the company’s equity plan (footnote F1).
• Filing: Form 4 filed 2026-04-09 for transactions on 2026-04-07 and 2026-04-08 — the filing appears timely.

Context
This was a routine tax-withholding action tied to RSU settlement (a common cashless-style settlement), not an open-market sale or a new purchase. Such withholdings are administrative and do not necessarily indicate insider buying or selling sentiment.