Tax-related RSU share sale by Canopy Growth Corp (CGC) director detailed in Form 4

Rhea-AI Filing Summary

Canopy Growth Corp director M. Shan Atkins reported a tax-related share sale linked to RSU vesting. On June 26, 2026, 3,197 common shares were disposed of at an average price of $0.9237 per share. According to the footnote, this disposition was associated with tax obligations arising from the vesting of restricted stock units granted on June 17, 2026.

After this transaction, Atkins directly holds 146,517 common shares. Because the filing describes the sale as tied to tax obligations on equity compensation, it reflects a routine administrative event rather than a discretionary open-market change in ownership.

Insider Trade Summary

Net Seller: 3,197 shares ($2,953)

Net Sell 1 txn

Insider ATKINS M SHAN

Role null

Sold 3,197 shs ($3K)

Type	Security	Shares	Price	Value
Sale	Common Shares	3,197	$0.9237	$3K

Holdings After Transaction: Common Shares — 146,517 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares disposed: 3,197 shares Sale price: $0.9237 per share Shares held after: 146,517 shares +1 more

4 metrics

Shares disposed 3,197 shares Common Shares disposed on June 26, 2026

Sale price $0.9237 per share Average price for disposed Common Shares

Shares held after 146,517 shares Direct Common Share ownership following transaction

RSU grant date June 17, 2026 Restricted stock units underlying the tax-related disposition

Key Terms

restricted stock units ("RSUs"), tax obligations, vesting, Common Shares

4 terms

restricted stock units ("RSUs") financial

"The shares reported as disposed herein were granted on June 17, 2026, in the form of restricted stock units ("RSUs")."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

tax obligations financial

"The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of the RSUs."

vesting financial

"The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of the RSUs."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Common Shares financial

"Common Shares"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/29/2026 - 04:16 PM Accepted by SEC EDGAR 06/29/2026 - 04:15 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ATKINS M SHAN

(Last) (First) (Middle)

C/O CANOPY GROWTH CORPORATION

1 HERSHEY DRIVE

(Street)

SMITHS FALLS K7A 0A8

(City) (State) (Zip)

ONTARIO, CANADA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Canopy Growth Corp [ CGC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	06/26/2026		S		3,197(1)	D	$0.9237	146,517	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares reported as disposed herein were granted on June 17, 2026, in the form of restricted stock units ("RSUs"). The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of the RSUs.

	/s/ Shai Marshall, Attorney-in-fact for Margaret Shan Atkins	06/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Canopy Growth Corp (CGC) report for M. Shan Atkins?

Canopy Growth Corp reported that director M. Shan Atkins disposed of 3,197 common shares at $0.9237 per share. The filing states this disposition was tied to tax obligations from the vesting of restricted stock units granted on June 17, 2026, rather than a discretionary sale.

How many Canopy Growth Corp (CGC) shares does M. Shan Atkins hold after this Form 4?

Following the reported transaction, M. Shan Atkins directly holds 146,517 Canopy Growth Corp common shares. The filing shows that 3,197 shares were disposed of in connection with tax obligations from RSU vesting, leaving this remaining direct ownership position after the administrative tax-related sale.

Was the Canopy Growth Corp (CGC) insider sale an open-market trade or tax-related?

The transaction is coded as a sale, but the footnote explains it is associated with tax obligations on RSU vesting. Shares granted as restricted stock units vested, and a portion—3,197 shares—was disposed of to satisfy related tax liabilities, indicating an administrative, compensation-linked event.

What price per share was reported in the Canopy Growth Corp (CGC) Form 4 transaction?

The Form 4 reports that 3,197 Canopy Growth Corp common shares were disposed of at $0.9237 per share. This price reflects the value used for the tax-related sale associated with vesting restricted stock units, as described in the filing’s explanatory footnote for the transaction.

How does the Form 4 describe the restricted stock units for Canopy Growth Corp (CGC)?

The Form 4 notes that the disposed shares were originally granted on June 17, 2026, as restricted stock units. It further explains that the disposition was linked to tax obligations triggered when these RSUs vested, clarifying the compensation-related nature of the reported share sale.