TSNDF holder files SEC Form 144 for planned share sale

Rhea-AI Filing Summary

TerrAscend Corp. (TSNDF) shareholder plans sale under Rule 144. A Form 144 notice discloses an intent to sell 494,847 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $213,971.84. The filing notes that 305,483,308 common shares were outstanding, providing context for the size of the planned sale. The seller, Edward J. Schutter, reports prior open-market purchases of TerrAscend common stock between 2019 and 2021 and confirms a prior sale of 250,000 shares on 11/21/2025 for gross proceeds of $103,645. The signer represents that they are not aware of any undisclosed material adverse information about TerrAscend.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	494847	213971.84	305483308	11/21/2025	OTC

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/29/2019	Open Market Purchase	Open Market			600	03/29/2019	Cash
Common	04/01/2019	Open Market Purchase	Open Market			42735	04/01/2019	Cash
Common	11/17/2021	Open Market Purchase	Open Market			151512	11/17/2021	Cash
Common	11/18/2021	Open Market Purchase	Open Market			300000	11/18/2021	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Edward J. Schutter c/o TerrAscend Corp. 77 City Centre Drive, Suite 501 Mississauga, Ontario Z4 L5B 1M5	Common	11/21/2025	250000	103645.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the TerrAscend (TSNDF) Form 144 filing disclose?

The Form 144 for TerrAscend Corp. (TSNDF) discloses that a shareholder has given notice of an intended sale of TerrAscend common shares under SEC Rule 144, including details on share amounts, timing, broker, and prior sales.

How many TerrAscend (TSNDF) shares are intended to be sold in this Form 144?

The notice covers an intended sale of 494,847 common shares of TerrAscend Corp., with an indicated aggregate market value of $213,971.84 at the time of the filing.

Who is the selling shareholder in the TerrAscend (TSNDF) Form 144?

The Form 144 identifies Edward J. Schutter as the person for whose account the TerrAscend common shares are to be sold, with correspondence directed to him c/o TerrAscend Corp. at its Mississauga, Ontario address.

Which broker is handling the planned TerrAscend (TSNDF) share sale?

The planned sale of TerrAscend common stock is listed as being through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, with trading on the OTC market.

What prior TerrAscend (TSNDF) trades by the seller are disclosed?

The filing states that the seller disposed of 250,000 TerrAscend common shares on 11/21/2025, generating gross proceeds of $103,645.00, and lists several earlier open-market purchase dates and amounts between 2019 and 2021.

How many TerrAscend (TSNDF) shares are outstanding in this Form 144?

The Form 144 notes that 305,483,308 common shares of TerrAscend Corp. were outstanding, providing a baseline figure against which the planned sale of 494,847 shares can be viewed.

What representation does the TerrAscend (TSNDF) Form 144 filer make about inside information?

By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about TerrAscend’s current or prospective operations that has not been publicly disclosed.