Canopy Growth Corp. reported an insider ownership change involving Joseph Bayern, who disposed of 3,197 common shares on June 26, 2026, at a reported price of $0.9237 per share. The Form 4 was filed on June 29, 2026, and was signed by Shai Marshall as attorney-in-fact for Bayern. The filing states that the shares disposed of had been granted shortly before the transaction, on June 17, 2026, in the form of restricted stock units, or RSUs. The reported disposition was not described as an open-market sale for investment reasons; rather, the explanatory note says it was connected to Bayern’s tax obligations arising from the vesting of the RSUs. Such transactions commonly reflect share withholding or disposition to cover taxes due when equity compensation vests. The total reported value of the 3,197-share disposition was approximately $2,953, based on the stated price of $0.9237 per share. The filing identifies the security as Canopy Growth common shares. The excerpt does not provide Bayern’s remaining beneficial ownership after the transaction, nor does it show additional derivative-security details such as option grants, exercise prices, or future vesting schedules. The action matters because it reflects the conversion or vesting of equity-based compensation and the related tax settlement by an insider, rather than a discretionary insider sale. Investors often distinguish these tax-related RSU transactions from voluntary market sales because they are typically administrative and tied to compensation vesting schedules.
Stock detail
Canopy Growth (CGC) stock price, chart, and key data
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Stock detail
Canopy Growth
CGC · XNAS
+$0.03 (+3.30%) past day
$0.94
Key metrics
Earnings
Quarterly results and the next expected release
FY26 Q1
Q2
Q3
Q4
FY27 Q1
Q2
Day range
$0.89 - $0.91
52-week range
$0.84 - $2.38
Close price
$0.91
Market cap
$382.1M
P/E ratio
-2.69
Beta
0.79
About the company
Canopy Growth Corporation
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a Canadian cannabis company based in Smiths Falls, Ontario. In April 2019, Canopy was the world's largest cannabis company based on the value of all shares or market capitalization. At that time, Constellation Brands Inc. controlled over 35% percent of the company which had approximately 3,200 employees. The year 2019 created new challenges for the company however, with its stock price dropping by about 32%. In the next two years its shares dropped an additional 55%. In September 2022, the company announced divestiture of its Canadian retail operations, selling its 28 retails stores across the country to other cannabis companies.
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