TerrAscend CEO awarded 350,000 stock options

TerrAscend Corp. President and CEO Ziad Ghanem received a grant of 350,000 Employee Share Options on 2026-08-10.

Rhea-AI Filing Summary

TerrAscend Corp. President and CEO Ziad Ghanem received a grant of 350,000 Employee Share Options on 2026-08-10. Each option has an exercise price of $0.5200 and is exercisable for one Common Share, with an expiration date of 2036-08-10. According to the footnote, the options vest in four equal annual installments beginning on the first anniversary of the grant date. Following this award, Ghanem holds 350,000 derivative securities directly.

Insider Trade Summary

Grant/Award: 350,000 shares

Grant/Award 1 txn

Insider Ghanem Ziad

Role President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Employee Share Option (Right to Buy) F1	350,000	$0.00	$0.00

Holdings After Transaction: Employee Share Option (Right to Buy) — 350,000 contracts (Direct)

Footnotes (1)

1. F1. The option vests in four equal annual installments beginning on the first anniversary of the grant date.

Key Figures

Options Granted: 350,000 options Exercise Price: $0.5200 per share Expiration Date: 2036-08-10 +2 more

5 metrics

Options Granted 350,000 options Employee Share Options granted to Ziad Ghanem on 2026-08-10

Exercise Price $0.5200 per share Exercise price of Employee Share Options

Expiration Date 2036-08-10 Expiration date of the Employee Share Options

Underlying Shares 350,000 Common Shares Shares underlying the granted Employee Share Options

Post-transaction Derivative Holdings 350,000 options Total derivative securities held directly after the grant

Key Terms

Employee Share Option, exercise price, vesting, expiration date

4 terms

Employee Share Option financial

"Employee Share Option (Right to Buy) granted to Ziad Ghanem"

exercise price financial

"conversion_or_exercise_price: "0.5200" as the exercise price"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vesting financial

"The option vests in four equal annual installments"

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.

expiration date financial

"expiration_date: "2036-08-10" for the options"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did TerrAscend Corp. (TSNDF) CEO Ziad Ghanem receive in this Form 4 filing?

Ziad Ghanem received a grant of 350,000 Employee Share Options. Each option is exercisable for one Common Share and was awarded as a compensation-related acquisition, not a market purchase or sale.

What is the exercise price of the options granted to TerrAscend (TSNDF) CEO Ziad Ghanem?

The options have an exercise price of $0.5200 per share. This is the price at which Ghanem can purchase TerrAscend Common Shares upon exercising the options before they expire.

How do the TerrAscend (TSNDF) options granted to Ziad Ghanem vest?

The options vest in four equal annual installments. Vesting begins on the first anniversary of the grant date, meaning portions of the 350,000 options become exercisable over four years.

When do the options granted to TerrAscend (TSNDF) CEO Ziad Ghanem expire?

The options have an expiration date of 2036-08-10. Any unexercised options after this date will lapse, so exercises must occur on or before that expiration date.

How many derivative securities does TerrAscend (TSNDF) CEO Ziad Ghanem hold after this grant?

Following this award, Ghanem holds 350,000 derivative securities. These represent Employee Share Options directly owned, each tied to one underlying TerrAscend Common Share.

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

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Available on EDGAR 08/12/2026 - 06:01 PM Accepted by SEC EDGAR 08/12/2026 - 06:00 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Ghanem Ziad

(Last) (First) (Middle)

C/O TERRASCEND CORP.

77 CITY CENTRE DRIVE, SUITE 501

(Street)

MISSISSAUGA ONTARIO L5B 1M5

(City) (State) (Zip)

CANADA (FEDERAL LEVEL)

(Country)

2. Issuer Name and Ticker or Trading Symbol
TerrAscend Corp. [ TSNDF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Share Option (Right to Buy)	$0.52	08/10/2026		A		350,000		(1)	08/10/2036	Common Shares	350,000	$0	350,000	D

Explanation of Responses:

1. The option vests in four equal annual installments beginning on the first anniversary of the grant date.

	/s/ Ari Unterman, Attorney-in-Fact	08/12/2026
	** Signature of Reporting Person	Date
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)