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108K-share RSU award to Canopy Growth (CGC) director Theresa Yanofsky

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

Rhea-AI Filing Summary

Yanofsky Theresa reported acquisition or exercise transactions in this Form 4 filing.

Canopy Growth Corp director Theresa Yanofsky received an equity award of 108,324 common shares on June 17, 2026. The shares were granted at no cash cost as restricted stock units (RSUs) and will vest in four equal installments on June 26, 2026, September 28, 2026, December 29, 2026 and March 29, 2027. After this grant, Yanofsky directly holds 161,469 common shares, reflecting her ongoing equity stake in the company.

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Insider Yanofsky Theresa
Role null
Type Security Shares Price Value
Grant/Award Common Shares 108,324 $0.00 --
Holdings After Transaction: Common Shares — 161,469 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 108,324 common shares Equity award granted on June 17, 2026
Grant price $0.0000 per share Reported transaction price for RSU grant
Post-grant holdings 161,469 common shares Total shares directly held after the transaction
Vesting schedule start June 26, 2026 First RSU vesting date for the award
Final vesting date March 29, 2027 Last RSU vesting date for the award
restricted stock units ("RSUs") financial
"The shares reported 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.
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 regulatory
"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*
Yanofsky Theresa

(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$0161,469D
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 Theresa Yanofsky06/22/2026
** 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 Theresa Yanofsky report on this Form 4?

Theresa Yanofsky reported receiving 108,324 Canopy Growth common shares as an equity award. These were granted as restricted stock units, meaning the shares will be delivered over time as they vest on specified future dates.

How many Canopy Growth (CGC) shares were granted to Theresa Yanofsky?

Theresa Yanofsky was granted 108,324 Canopy Growth common shares. The grant was structured as restricted stock units, which convert into shares as they vest over four scheduled dates through early 2027.

At what price were the Canopy Growth (CGC) shares granted to Theresa Yanofsky?

The 108,324 Canopy Growth common shares were granted at a reported price of $0.0000 per share. This indicates a compensation-related equity award rather than an open-market stock purchase by the director.

When do Theresa Yanofsky’s Canopy Growth (CGC) RSUs vest?

The restricted stock units vest in four equal installments on June 26, 2026, September 28, 2026, December 29, 2026 and March 29, 2027. Shares are typically delivered as each installment vests, subject to continued service conditions.

How many Canopy Growth (CGC) shares does Theresa Yanofsky hold after this grant?

Following the June 17, 2026 grant, Theresa Yanofsky is reported to directly hold 161,469 Canopy Growth common shares. This figure reflects her position after adding the newly awarded restricted stock units to her existing holdings.

What is the nature of the Canopy Growth (CGC) transaction reported by Theresa Yanofsky?

The transaction is categorized as a grant, award, or other acquisition of common shares rather than a market trade. It represents compensation in the form of restricted stock units that vest over time instead of an open-market buy or sell.