Trulieve Cannabis (TCNNF) director receives 23,438-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Morreau Jane Cecil reported acquisition or exercise transactions in this Form 4 filing.
Trulieve Cannabis Corp. director Jane Cecil Morreau reported an award of 23,438 Subordinate Voting Shares on 2026-03-13, recorded at $0.00 per share, bringing her reported direct holdings to 65,778 shares.
According to the footnote, this represents a grant of restricted stock units (RSUs), each equal to one Trulieve subordinate voting share. The RSUs will vest on the earliest of the end of her board service, a change of control of Trulieve, or December 1, 2032.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morreau Jane Cecil
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Subordinate Voting Shares | 23,438 | $0.00 | -- |
Holdings After Transaction:
Subordinate Voting Shares — 65,778 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Trulieve Cannabis Corp. (TCNNF) report for Jane Cecil Morreau?
Trulieve Cannabis Corp. reported that director Jane Cecil Morreau received an award of 23,438 Subordinate Voting Shares on March 13, 2026. The transaction was coded as a grant or award acquisition, not an open-market purchase or sale, reflecting equity-based compensation.
What type of equity award did Trulieve (TCNNF) grant to director Jane Cecil Morreau?
The award is a grant of restricted stock units (RSUs), each representing a contingent right to receive one Trulieve subordinate voting share. These RSUs are recorded as an acquisition of 23,438 Subordinate Voting Shares at a stated price of $0.00 per share.
When do Jane Cecil Morreau’s Trulieve (TCNNF) RSUs vest according to the Form 4?
The RSUs will vest on the earliest of three events: the end of Morreau’s service on Trulieve’s board of directors, a change of control of Trulieve, or December 1, 2032. These specific vesting triggers are detailed in the Form 4 footnote.
Was Jane Cecil Morreau’s Trulieve (TCNNF) Form 4 a buy or sell transaction?
The Form 4 shows an "A" transaction code, described as a grant, award, or other acquisition. It reflects an equity award of 23,438 shares at $0.00 per share, not an open-market buy or sell, and is categorized as an acquisition transaction.
Does the Trulieve (TCNNF) Form 4 show any derivative or option exercises for Jane Cecil Morreau?
No derivative transactions are listed in this Form 4. The derivative summary section is empty, and transaction data shows only one non-derivative acquisition entry related to the restricted stock unit award of 23,438 Subordinate Voting Shares.