Curaleaf Announces Executive Automatic Securities Disposition Plan
Curaleaf Holdings Inc., a leading international provider of consumer cannabis products, announced that effective as of March 31, 2026, Peter Clateman, the company’s chief legal officer, has extended an existing automatic securities disposition plan (ASDP) in accordance with applicable United States and Canadian securities legislation and the company’s trading policies, as previously announced by the company on Jan. 2, 2026.
The ASDP will allow for an orderly exercise of vested options set to expire in July 2027, and the sale of a portion of the acquired subordinate voting shares in the company currently owned by Clateman to cover anticipated taxes. The subordinate voting shares will be sold at prevailing market prices, and sales may commence on or about July 1, 2026, and continue over the course of a six-month period.
Sales of subordinate voting shares under the ASDP will be effected by an independent securities broker in accordance with the trading parameters, price and volume limits, restrictions and other instructions set out in the ASDP. The ASDP was authorized and established on March 31, 2026, before entering into a blackout period, in the form approved by the compensation committee of the company and contains meaningful restrictions on the ability of Clateman to amend, suspend or terminate the applicable ASDP.
Dispositions by Clateman under the ASDP will be reported in accordance with applicable securities laws. Each such filing will bear a notation to advise readers that the disposition is related to an ASDP. Information regarding the ASDP and transactions thereunder, as the case may be, may be accessed on SEDI at www.sedi.ca.
This announcement is made pursuant to the recommended practices set forth in Staff Notice 55-317 –Automatic Securities Disposition Plans of the Canadian Securities Administrators and will be available under the Company’s SEDAR profile at www.SEDAR.ca.
The post Curaleaf Announces Executive Automatic Securities Disposition Plan appeared first on Marijuana Retail Report – News and Information for Cannabis Retailers.