[Form 4] Cronos Group Inc. Common Share Insider Trading Activity

Rhea-AI Filing Summary

James D. Rudyk, a director of Cronos Group Inc. (CRON), acquired 66,079.3 Deferred Share Units (DSUs) on 08/07/2025. Each DSU entitles the reporting person to receive a lump-sum cash payment equal to the fair market value of one common share upon redemption. The filing shows the number of common-share equivalents beneficially owned following the reported transaction as 313,882.29, held directly. The filing also states that vested DSUs are mandatorily redeemed by the company on the first trading day after the reporting person ceases to be a director.

Insights

Corporate Governance Expert

TL;DR: Routine director compensation grant; increases direct economic stake with standard redemption terms.

The Form 4 discloses a non-cash equity-based award in the form of 66,079.3 Deferred Share Units to James D. Rudyk, identified as a director. The instrument is payable in cash based on fair market value at redemption and carries a mandatory redemption provision upon cessation of directorship. From a governance perspective this is a typical mechanism to align director incentives with shareholder value without immediate share dilution; the report confirms direct beneficial ownership of 313,882.29 common-share equivalents after the transaction.

Securities Analyst

TL;DR: Disclosure is informational and routine; transaction alone is unlikely to materially affect valuation.

The filing records acquisition of 66,079.3 DSUs that convert to cash equal to common-share fair market value at redemption. The reported increase results in 313,882.29 common-share equivalents held directly by the reporting person. There is no cash purchase price reported and no change in outstanding common shares; the DSUs represent a deferred cash obligation rather than immediate equity issuance. The transaction appears to be a standard director compensation event disclosed under Section 16.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

RUDYK JAMES DANIEL

(Last) (First) (Middle)

4491 CONCESSION RD 12

(Street)

STAYNER A6 L0M 1S0

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Cronos Group Inc. [ CRON ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
DEFERRED SHARE UNITS	(1)	08/07/2025		A		66,079.3		(2)	(2)	COMMON SHARES	66,079.3	$0	313,882.29	D

Explanation of Responses:

1. Upon redemption, Deferred Share Units entitle the reporting person to receive a lump sum cash payment in an amount equal to the fair market value of the common shares of Cronos Group Inc. (the "Company") on the date of redemption.

2. Vested Deferred Share Units are mandatorily redeemed by the Company on the first trading day after the reporting person ceases to be a director of the Company.

Remarks:

	/s/ Aaron Werner, as attorney-in-fact for James D. Rudyk	08/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 4 for CRON?

The filing was made on behalf of James D. Rudyk, identified as a director of Cronos Group Inc.

What did the insider acquire in the CRON Form 4?

The reporting person acquired 66,079.3 Deferred Share Units (DSUs).

How many common-share equivalents does the reporting person own after the transaction?

The filing reports 313,882.29 common-share equivalents beneficially owned following the transaction.

How are the Deferred Share Units settled according to the filing?

DSUs entitle the reporting person to a lump-sum cash payment equal to the fair market value of the common shares on the date of redemption.

When are vested DSUs redeemed per the filing?

The filing states vested DSUs are mandatorily redeemed by the company on the first trading day after the reporting person ceases to be a director.