Canopy Growth director granted 162,485 CGC shares

Lazzarato David Angelo reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Lazzarato David Angelo reported acquisition or exercise transactions in this Form 4 filing.

Canopy Growth Corp director David Angelo Lazzarato received an equity award of 162,485 Common Shares on June 17, 2026. The award was granted at no cash cost to him as a compensation-related grant, not an open-market purchase.

The grant was made in the form of restricted stock units that vest in four equal installments on June 26, 2026, September 28, 2026, December 29, 2026, and March 29, 2027. Following this grant, he directly holds 234,533 Common Shares.

Insider Trade Summary

Grant/Award: 162,485 shares

Grant/Award 1 txn

Insider Lazzarato David Angelo

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	162,485	$0.00	$0.00

Holdings After Transaction: Common Shares — 234,533 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Shares granted: 162,485 Common Shares Grant price per share: $0.00 per share Total shares after grant: 234,533 Common Shares +3 more

6 metrics

Shares granted 162,485 Common Shares Equity award on June 17, 2026

Grant price per share $0.00 per share Compensation-related grant, not market purchase

Total shares after grant 234,533 Common Shares Direct holdings following reported transaction

Vesting installment count 4 installments Equal vesting tranches for RSU grant

First vesting date June 26, 2026 Initial RSU vesting installment

Final vesting date March 29, 2027 Last RSU vesting installment

Key Terms

restricted stock units, RSUs, Grant, award, or other acquisition, Common Shares

4 terms

restricted stock units financial

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

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"These RSUs vest in four equal installments on June 26, 2026, September 28, 2026, December 29, 2026 and March 29, 2027."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Common Shares financial

"security_title": "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.

FAQ

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

What did Canopy Growth Corp director David Angelo Lazzarato report on this Form 4 for CGC?

David Angelo Lazzarato reported an equity award of 162,485 Common Shares in Canopy Growth Corp. The Form 4 shows this was a compensation-related grant, not an open-market trade, increasing his directly held position to 234,533 Common Shares after the transaction.

Was the CGC insider transaction by David Angelo Lazzarato a stock purchase or a grant?

The CGC insider transaction was a grant, not a purchase. Lazzarato received 162,485 Common Shares at a price of $0.00 per share as a compensation award, classified as a grant, award, or other acquisition rather than an open-market buy or sell.

How many Canopy Growth Corp shares does David Angelo Lazzarato hold after this Form 4 transaction?

After the reported grant, Lazzarato holds 234,533 Common Shares of Canopy Growth Corp directly. This total reflects the addition of 162,485 granted shares, which were awarded as restricted stock units that will vest in four scheduled installments through March 29, 2027.

How do the restricted stock units granted to the CGC director vest over time?

The restricted stock units granted to the CGC director vest in four equal installments. The vesting dates are June 26, 2026, September 28, 2026, December 29, 2026, and March 29, 2027, spreading the earning of the award over several dates rather than all at once.

Does the Canopy Growth Corp Form 4 for CGC indicate any insider share sales by David Angelo Lazzarato?

The Form 4 does not indicate any insider share sales by Lazzarato. It reports one acquisition transaction coded as a grant, award, or other acquisition, with no disposals, sales, gifts, tax withholdings, or derivative exercises listed in the transaction summary data.

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

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Accepted by SEC EDGAR 06/22/2026 - 04:38 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^*

Lazzarato David Angelo

(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)
06/17/2026

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	06/17/2026		A		162,485(1)	A	$0	234,533	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 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 David Angelo Lazzarato	06/22/2026
	** 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)