STOCK TITAN

Large equity grants and tax-related share sale at Canopy Growth Corp (CGC)

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Canopy Growth Corp officer Christelle Gedeon reported equity compensation changes. On June 17, 2026, she received a grant of 484,122 stock options with an exercise price of $0.99 per share, vesting in three equal annual installments and expiring on June 17, 2032.

On the same date she acquired 396,012 common shares and sold 58,994 common shares at $0.9741 per share, with the disposition associated with tax obligations from RSU vesting. After these transactions she directly held 705,506 common shares. The transactions were not reported as made under a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.

Insights

Routine equity awards offset a tax-driven share sale.

The filing shows Christelle Gedeon receiving sizeable equity compensation from Canopy Growth Corp: 396,012 Common Shares and options over 484,122 shares at an exercise price of $0.99 per share, vesting annually over three years.

The same-day disposition of 58,994 Common Shares at $0.9741 per share is described as tied to tax obligations from restricted stock unit vesting. Such tax-related sales typically reflect withholding needs rather than a change in outlook on CGC shares.

After these transactions, she directly holds 764,500 Common Shares plus 484,122 options expiring in 2032. Overall, this appears to be standard equity compensation and tax management activity, with limited standalone signaling value for investors.

Insider Gedeon Christelle
Role See Remarks
Sold 58,994 shs ($57K)
Type Security Shares Price Value
Grant/Award Stock Option 484,122 $0.00 $0.00
Grant/Award Common Shares 396,012 $0.00 $0.00
Sale Common Shares 58,994 $0.9741 $57K
Holdings After Transaction: Stock Option — 484,122 shares (Direct); Common Shares — 705,506 shares (Direct)
Footnotes (3)
  1. F1. The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of restricted stock units.
  2. F2. The shares reported as disposed herein were granted on June 10, 2024 and June 3, 2025 in the form of RSUs. The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of the RSUs.
  3. F3. The options vest in three equal, annual installments on the first, second and third anniversaries of the grant date of June 17, 2026.
Stock options granted 484,122 stock options Number of stock options granted on June 17, 2026
Option exercise price $0.99 per share Exercise price of the stock options granted on June 17, 2026
Option expiration date June 17, 2032 Expiration date of the 484,122 stock options
Common shares acquired 396,012 common shares Common shares acquired on June 17, 2026
Common shares sold 58,994 common shares Common shares sold at $0.9741 per share on June 17, 2026
Sale price $0.9741 per share Per-share price for the 58,994 common shares sold
Post-transaction common shares held 705,506 common shares Direct common share holdings after the reported transactions
Stock Option financial
"security_title: Stock Option"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
restricted stock units financial
"granted on June 10, 2024 and June 3, 2025 in the form of 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
"in the form of RSUs. The disposition of shares is associated with tax obligations"
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.
vesting financial
"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.
options vest financial
"The options vest in three equal, annual installments on the first, second and third anniversaries"

FAQ

What stock options did Christelle Gedeon receive in CGC's Form 4?

Christelle Gedeon received a grant of 484,122 stock options on June 17, 2026, with an exercise price of $0.99 per share. These options vest in three equal annual installments and expire on June 17, 2032.

How many Canopy Growth (CGC) shares did Christelle Gedeon acquire?

On June 17, 2026, Christelle Gedeon acquired 396,012 common shares of Canopy Growth Corp. The acquisition reflects settlement of equity awards, with no purchase price reported for these shares in the transaction data.

How many Canopy Growth (CGC) shares did Christelle Gedeon sell and at what price?

Christelle Gedeon sold 58,994 common shares of Canopy Growth Corp at an average price of $0.9741 per share. The disposition is described as associated with tax obligations arising from the vesting of restricted stock units.

How many Canopy Growth (CGC) shares does Christelle Gedeon hold after these transactions?

After the reported transactions, Christelle Gedeon directly holds 705,506 common shares of Canopy Growth Corp. This post-transaction holding reflects her remaining equity position in the company’s common shares.

Were Christelle Gedeon’s CGC transactions under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmatively marked, meaning the transactions were not reported as executed under a Rule 10b5-1 trading plan or similar pre-arranged trading arrangement.

What is the vesting schedule for Christelle Gedeon’s new CGC stock options?

The newly granted options covering 484,122 shares vest in three equal, annual installments on the first, second, and third anniversaries of the June 17, 2026 grant date, providing a multi-year equity incentive.

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

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Learn about SEC filing dates
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*
Gedeon Christelle

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
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 Shares06/17/2026A396,012(1)A$0764,500D
Common Shares06/17/2026S58,994(2)D$0.9741705,506D
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
Stock Option$0.9906/17/2026A484,122 (3)06/17/2032Common Shares484,122$0484,122D
Explanation of Responses:
1. The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of restricted stock units.
2. The shares reported as disposed herein were granted on June 10, 2024 and June 3, 2025 in the form of RSUs. The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of the RSUs.
3. The options vest in three equal, annual installments on the first, second and third anniversaries of the grant date of June 17, 2026.
Remarks:
Chief Legal Officer and Corporate Secretary
/s/ Keith Pisani, Attorney-in-fact for Christelle Gedeon06/22/2026
** 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)