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Curaleaf Announces Executive Automatic Securities Disposition Plan
Curaleaf Announces Executive Automatic Securities Disposition Plan PR Newswire ST...

About this update from Curaleaf Holdings, Inc.
[{"type":"text","content":"Curaleaf Announces Executive Automatic Securities Disposition Plan\n\n\nCuraleaf Announces Executive Automatic Securities Disposition Plan\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nPR Newswire\n\n\nSTAMFORD, 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 Company's Chief Legal Officer, has established an automatic securities disposition plan (\"ASDP\") in accordance with applicable United States and Canadian securities legislation and the Company's trading policies. The ASDP will allow for an orderly exercise of options set to expire in July 2027, and the sale of a portion of the acquired subordinate voting shares in the Company (the \"Subordinate Voting Shares\") currently owned by Mr. Clateman to cover anticipated taxes. The Subordinate Voting Shares will be sold at prevailing market prices, and sales may commence on April 2, 2026 and continue over the course of a three-month period.\n\n\n\n\n\n\n\nUnder United States and Canadian securities laws and the Company's trading policies, insiders of Curaleaf are subject to limits on their ability to sell shares in the Company. ASDPs address this issue by permitting trades to be made in accordance with pre-arranged instructions given when executives are not in possession of any material undisclosed information. Canadian securities laws permit insiders to adopt ASDPs to sell, donate or otherwise transfer shares in the future in accordance with the pre-arranged terms of their ASDP, on an automatic basis, regardless of any subsequent material non-public information they receive. Once an ASDP is established, the insider is not permitted to exercise any further discretion or influence over how dispositions will occur under the ASDP.\nSales of Subordinate Voting Shares under the ASDP will be effected by an independent securities broker in accordance with the trading parameters, price and v...