secwatch.observer — SEC 8-K summary
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Issuer:     TerrAscend Corp. (TSNDF)
CIK:        0001778129
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001193125-26-158998
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TerrAscend appoints Eric Jackson as CFO, effective April 27, 2026
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- Base salary of $450,000; annual bonus target of 60% of base salary, guaranteed pro-rata for 2026.
- Annual RSUs valued up to 75% of base salary; initial option grant of 300,000 common shares vesting over 4 years.
- Jackson previously EVP/CFO at American Signature for 8+ years and spent 14+ years at L Brands.
- Severance includes 12-month salary plus accelerated pro-rata vesting on termination without cause or for good reason.
- Non-competition and non-solicitation covenants for 12 months post-termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1778129/000119312526158998/0001193125-26-158998-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1778129/000119312526158998/tsndf-20260410.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-158998

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