FLGC Form 4: Director awarded 7,468 DSUs, now holds 94,421
Rhea-AI Filing Summary
Flora Growth Corp. (FLGC) reported a director equity award. Director Michael John Brown acquired 7,468 Deferred Share Units (DSUs) on 10/22/2025, shown at a derivative security price of $0. Following the transaction, he beneficially owned 94,421 derivative securities. Each DSU represents the right to receive one common share after his service as a director ends. For U.S. participants, settlement occurs 6 months after the termination date; for non‑U.S. participants, settlement occurs on the 20th business day after the termination date. Ownership is reported as Direct.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BROWN MICHAEL JOHN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units ("DSUs") | 7,468 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Share Units ("DSUs") — 94,421 shares (Direct)
Footnotes (1)
- F1. Each DSU represents the right to receive one common share of the Issuer. The underlying common shares will not be issued to the Reporting Person, and the Reporting Person shall not have any voting or dispositive rights with respect to the underlying common shares, until termination of the Reporting Person's employment or services as a director of the Issuer. Grants to U.S. eligible participants will be settled with no further action by the Reporting Person on the date that is 6 months following the Reporting Person's termination date. Grants to non-U.S. eligible participants will be settled with no further action by the Reporting Person on the 20th business day following the Reporting Person's termination date.
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FAQ
What did Flora Growth (FLGC) disclose in this Form 4?
A director, Michael John Brown, acquired 7,468 DSUs on 10/22/2025 and now holds 94,421 derivative securities.
How many DSUs did the FLGC director receive and when?
He received 7,468 DSUs on 10/22/2025.
What does each DSU represent for FLGC?
Each DSU represents the right to receive one common share of Flora Growth Corp.
When are the DSUs settled for the FLGC director?
For U.S. participants, 6 months after termination; for non‑U.S. participants, on the 20th business day after termination.
What is the director’s total derivative holdings after the transaction?
He beneficially owned 94,421 derivative securities following the reported transaction.
How is ownership of the DSUs reported?
Ownership is reported as Direct.