STOCK TITAN

Canopy Growth (CGC) director receives 108K-share RSU grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ATKINS M SHAN reported acquisition or exercise transactions in this Form 4 filing.

Canopy Growth Corp director ATKINS M SHAN received a stock award rather than buying shares on the market. On June 17, 2026, the director was granted 108,324 Common Shares in the form of restricted stock units at a price of $0.00 per share as compensation. These RSUs vest in four equal installments on June 26, 2026, September 28, 2026, December 29, 2026 and March 29, 2027. After this grant, the director directly holds 149,714 Common Shares.

Positive

  • None.

Negative

  • None.
Insider ATKINS M SHAN
Role null
Type Security Shares Price Value
Grant/Award Common Shares 108,324 $0.00 --
Holdings After Transaction: Common Shares — 149,714 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 108,324 Common Shares Granted on June 17, 2026 as restricted stock units
Grant price $0.00 per share Equity award, not an open-market purchase
Holdings after grant 149,714 Common Shares Direct ownership following the June 17, 2026 award
Vesting date 1 June 26, 2026 First of four equal RSU vesting installments
Vesting date 2 September 28, 2026 Second RSU vesting installment
Vesting date 3 December 29, 2026 Third RSU vesting installment
Vesting date 4 March 29, 2027 Final RSU vesting installment
restricted stock units ("RSUs") financial
"The shares reported herein were granted ... 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.
Common Shares financial
"security_title: "Common Shares" and transaction in 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.
vest financial
"These RSUs vest in four equal installments on June 26, 2026, September 28, 2026, December 29, 2026 and March 29, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition"."
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SEC Form 4
FORM 4UNITED 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 FALLSK7A 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares06/17/2026A108,324(1)A$0149,714D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares reported herein were granted on June 17, 2026, in the form of restricted stock units ("RSUs"). These RSUs vest in four equal installments on June 26, 2026, September 28, 2026, December 29, 2026 and March 29, 2027.
/s/ Keith Pisani, Attorney-in-fact for Margaret Shan Atkins06/22/2026
** Signature of Reporting PersonDate
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 did Canopy Growth (CGC) director ATKINS M SHAN report in this Form 4?

The director reported receiving an equity grant. On June 17, 2026, ATKINS M SHAN was granted 108,324 Common Shares in the form of restricted stock units at $0.00 per share, increasing direct holdings to 149,714 Common Shares after the award.

Was the Canopy Growth (CGC) Form 4 transaction a market purchase or sale?

The transaction was not a market trade. It was a grant of 108,324 restricted stock units at $0.00 per share as compensation, rather than an open-market buy or sell, so no trading price or proceeds were involved.

How do the granted RSUs for Canopy Growth (CGC) vest for ATKINS M SHAN?

The RSUs vest in four equal installments. The 108,324 restricted stock units vest on June 26, 2026, September 28, 2026, December 29, 2026 and March 29, 2027, providing a staggered schedule over roughly nine months for the director’s award.

How many Canopy Growth (CGC) shares does the director hold after this Form 4 grant?

Post-grant direct holdings total 149,714 Common Shares. This figure reflects the director’s position after receiving the 108,324-share restricted stock unit award reported in the Form 4 insider filing for June 17, 2026.

What does the $0.00 per share price mean in the Canopy Growth (CGC) Form 4?

The $0.00 price reflects a compensation grant, not a purchase. The 108,324 Common Shares were awarded as restricted stock units, so the director did not pay cash to acquire them, differentiating this from typical market transactions.