Ghanem Ziad 4

What Happened Ghanem Ziad, President and CEO of TerrAscend Corp., had 3,027 shares withheld (disposed) on March 23, 2026 to satisfy tax withholding related to the settlement of restricted share units. The shares were recorded at $0.70 each for a total value of $2,119. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-23; Form 4 filed: 2026-03-25 (filing appears timely).
• Transaction: 3,027 shares withheld at $0.70 per share — total $2,119 — reported as disposal (code F).
• Footnote: Shares were withheld by the issuer to satisfy the reporting person’s tax withholding obligations in connection with settlement of restricted share units under the issuer’s equity plan.
• Shares owned after the transaction: not specified in the provided filing.

Context This is a routine tax-withholding event tied to RSU settlement (a common practice where the company retains shares to cover required taxes). Because no open-market sale or purchase occurred, this transaction should not be interpreted as a directional insider trade signal.