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Curaleaf Announces Executive Automatic Securities Disposition Plan
Peter Clateman’s plan allows orderly stock option exercise expiring in July 2027 and share sales to cover taxes, with no executive control over transactions, under U.S. and Canadian law.
- From Stamford, Conn., Curaleaf said Peter Clateman, the company's Chief Legal Officer, established an automatic securities disposition plan effective later this year, with sales starting April 2, 2026.
- The ASDP permits an orderly exercise of options and the sale of a portion of subordinate voting shares to cover anticipated taxes, allowing insiders subject to U.S. and Canadian securities laws to trade by pre-arranged instructions.
- An independent securities broker will execute sales under the ASDP within trading limits, without consulting Mr. Peter Clateman, and details will be available on SEDI and the Company SEDAR profile.
- Sales may commence on April 2, 2026 and continue over a three-month period; it is possible that not all shares subject to the ASDP will be sold during the ASDP term, and filings bearing an ASDP notation will disclose this.
- Canadian securities laws permit insiders to adopt ASDPs with meaningful restrictions and compensation committee of Curaleaf approval to mitigate conflicts.
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Curaleaf Announces Executive Automatic Securities Disposition Plan
STAMFORD, Conn., Jan. 2, 2026 /PRNewswire/ -- Curaleaf Holdings, Inc. (TSX: CURA / OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer cannabis products, today announced that effective as of December 31, 2025, Mr. Peter Clateman, the…
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Leaning Left7Leaning Right8Center18Last UpdatedBias Distribution55% Center
Bias Distribution
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55% Center
L 21%
C 55%
R 24%
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