Cronos Group (CRON) officer Jared Kenost reports RSU and share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Cronos Group Inc. reported initial equity holdings for officer Jared Matthew Kenost. He holds 46,003 restricted stock units and 29,388 common shares, all directly owned. Each restricted stock unit represents a right to receive one Cronos common share in the future.
The 46,003 RSUs include 28,238 units vesting in three equal annual installments beginning on May 12, 2026, 10,230 units vesting in two equal annual installments beginning on May 10, 2026, and 7,535 units vesting on May 10, 2026, in each case subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kenost Jared Matthew
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | RESTRICTED STOCK UNITS | -- | -- | -- |
| holding | COMMON SHARES | -- | -- | -- |
Holdings After Transaction:
RESTRICTED STOCK UNITS — 46,003 shares (Direct);
COMMON SHARES — 29,388 shares (Direct)
Footnotes (1)
- The restricted share units ("RSUs") consist of the following: (1) 28,238 unvested RSUs vesting in three substantially equal annual installments beginning on May 12, 2026, (2) 10,230 unvested RSUs vesting in two substantially equal annual installments, beginning on May 10, 2026, and (3) 7,535 unvested RSUs vesting on May 10, 2026, in each case, subject to continued employment through each applicable date. Each restricted stock unit represents a contingent right to receive one common share of Cronos Group Inc.
FAQ
What insider holdings does Cronos Group Inc. (CRON) disclose for Jared Matthew Kenost?
Cronos Group Inc. reports that officer Jared Matthew Kenost holds 46,003 restricted stock units and 29,388 common shares, all directly owned. These figures reflect his initial reported equity position in the company, combining time-vested RSUs and currently outstanding common shares.
How are Jared Matthew Kenost’s restricted stock units at Cronos Group (CRON) structured?
Kenost’s 46,003 RSUs vest over multiple dates. 28,238 units vest in three equal annual installments from May 12, 2026, 10,230 units vest in two equal annual installments from May 10, 2026, and 7,535 units vest on May 10, 2026, subject to continued employment.
What does each restricted stock unit represent for Cronos Group (CRON) officer Jared Kenost?
Each restricted stock unit reported for Jared Kenost represents a contingent right to receive one common share of Cronos Group Inc. This means his 46,003 RSUs could convert into 46,003 common shares over time, provided the vesting and employment conditions are satisfied.
Does the Form 3 for Cronos Group (CRON) show any insider buying or selling by Jared Kenost?
The Form 3 reflects holdings, not explicit purchases or sales, for Jared Kenost. It lists his direct ownership of 46,003 restricted stock units and 29,388 common shares, but classifies the transactions as holdings with unknown transaction codes, indicating no clear buy or sell activity.
When do Jared Kenost’s Cronos Group (CRON) RSUs begin to vest?
His RSUs begin vesting in 2026. 28,238 RSUs start vesting in three annual installments from May 12, 2026, while 10,230 RSUs vest in two annual installments from May 10, 2026. Additionally, 7,535 RSUs fully vest on May 10, 2026, assuming continued employment.