TerrAscend (TSNDF) CEO Ghanem Ziad Receives 350,000-Share Award

What Happened
Ghanem Ziad, President and CEO (also a director) of TerrAscend Corp., was granted a derivative equity award of 350,000 shares on 2026-08-10. The filing lists the acquisition price as $0.00 (award/option), so there was no cash paid at grant. This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-10; Form 4 filed 2026-08-12 (timely filing).
• Instrument/Code: A (award/grant) recorded as a derivative; acquisition price shown as $0.00.
• Shares/units granted: 350,000.
• Vesting: Footnote F1 — vests in four equal annual installments beginning on the first anniversary of the grant (350,000 / 4 = 87,500 per year).
• Shares owned after transaction: not disclosed in the provided filing summary.
• Notable: Filing identifies the grant as an option in the footnote but does not show an exercise price in the summary provided.

Context
This is an equity compensation grant, a common way companies align executive incentives with shareholder value; it is not an open-market purchase (which some investors view as a stronger bullish signal). Because the award vests over time, the economic benefit to the insider depends on future service and any exercise terms; future Form 4s would report exercises or sales.