Canopy Growth director sells shares for tax obligations

Canopy Growth Corp director Theresa Yanofsky reported a disposition of company shares linked to tax obligations on vested equity.

Rhea-AI Filing Summary

Canopy Growth Corp director Theresa Yanofsky reported a disposition of company shares linked to tax obligations on vested equity. On March 31, 2026, she sold 10,373 common shares at $0.93 per share, in connection with the vesting of restricted stock units granted on June 3, 2025.

After this tax-related sale, Yanofsky directly holds 53,145 common shares of Canopy Growth. The transaction reflects a routine disposition tied to RSU vesting rather than a discretionary open-market reduction of her overall stake.

Insider Trade Summary

Net Seller: 10,373 shares

Net Sell 1 txn

Insider Yanofsky Theresa

Role Director

Sold 10,373 shs ($10K)

Type	Security	Shares	Price	Value
Sale	Common Shares	10,373	$0.93	$10K

Holdings After Transaction: Common Shares — 53,145 shares (Direct)

Footnotes (1)

1. F1. The shares reported as disposed herein were granted on June 3, 2025, 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.

Key Figures

Shares sold: 10,373 shares Sale price per share: $0.93 per share Shares held after transaction: 53,145 shares +1 more

4 metrics

Shares sold 10,373 shares Common Shares disposed on March 31, 2026

Sale price per share $0.93 per share Price for Canopy Growth Common Shares sold

Shares held after transaction 53,145 shares Director’s direct holdings following Form 4 transaction

Grant date of RSUs June 3, 2025 Restricted stock units that produced the disposed shares

Key Terms

restricted stock units ("RSUs"), open-market sale, tax obligations

3 terms

restricted stock units ("RSUs") financial

"The shares reported as disposed herein were granted on June 3, 2025, 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.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

tax obligations financial

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Canopy Growth (CGC) director Theresa Yanofsky report?

Theresa Yanofsky reported selling 10,373 Canopy Growth common shares. The shares were sold at $0.93 each and the transaction was tied to tax obligations from the vesting of previously granted restricted stock units (RSUs).

Was the CGC director’s share sale a discretionary trade or tax-related?

The share sale was tax-related, not a discretionary trade. Footnotes explain the disposed shares were linked to tax obligations arising from the vesting of restricted stock units (RSUs) originally granted to the director on June 3, 2025.

How many Canopy Growth (CGC) shares did the director sell and at what price?

The director sold 10,373 Canopy Growth common shares at a price of $0.93 per share. This transaction aligns with covering tax obligations associated with the vesting of previously granted restricted stock units (RSUs).

How many Canopy Growth (CGC) shares does the director hold after this transaction?

After the transaction, Theresa Yanofsky directly holds 53,145 Canopy Growth common shares. This indicates she retains a substantial equity position in the company even after disposing of shares to satisfy tax obligations from RSU vesting.

What is the origin of the Canopy Growth (CGC) shares sold by the director?

The sold shares originated from restricted stock units (RSUs) granted on June 3, 2025. When these RSUs vested, a portion of the resulting shares was sold to address the director’s tax obligations related to that vesting event.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/02/2026 - 04:16 PM EDT 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^*

Yanofsky Theresa

(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)
03/31/2026

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	03/31/2026		S		10,373(1)	D	$0.93	53,145	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 3, 2025, 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/ Keith Pisani, Attorney-in-fact for Theresa Yanofsky	04/02/2026
	** 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)