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

Cronos Group (CRON) officer exercises 10,597 RSUs, with 5,199 shares for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cronos Group Inc. reported routine equity compensation activity by officer Terrence Gregory Joseph Doucet. On May 12, 2026, he exercised 10,597 restricted stock units (RSUs), receiving the same number of common shares at a stated price of $0.00 per share. To cover tax obligations, 5,199 common shares were disposed of at $3.75 per share in a tax-withholding transaction, which the data notes is priced in Canadian dollars. After these transactions, Doucet directly holds 110,588 common shares of Cronos Group. Each RSU represents a contingent right to receive one common share, and the exercised units reflect part of a 31,793 RSU grant that vests in three substantially equal annual installments beginning on the first anniversary of the May 12, 2025 grant date.

Positive

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Insider Doucet Terrence Gregory Joseph
Role See Remarks
Type Security Shares Price Value
Exercise RESTRICTED STOCK UNITS 10,597 $0.00 --
Exercise COMMON SHARES 10,597 $0.00 --
Tax Withholding COMMON SHARES 5,199 $3.75 $19K
Holdings After Transaction: RESTRICTED STOCK UNITS — 173,811 shares (Direct, null); COMMON SHARES — 115,787 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc. The price reported is denominated in Canadian dollars. On May 12, 2025, the Reporting Person was granted 31,793 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
RSUs exercised 10,597 shares Restricted stock units converted to common shares on May 12, 2026
Tax-withholding shares 5,199 shares Common shares disposed to cover tax liability at $3.75 per share
Tax-withholding price $3.75 per share Price for shares delivered for tax, denominated in Canadian dollars
Shares held after transactions 110,588 shares Cronos Group common shares directly owned by Terrence Doucet post-transaction
Original RSU grant 31,793 RSUs Grant made on May 12, 2025, vesting in three equal annual installments
Exercise price for RSUs $0.00 per share Stated price for converting 10,597 RSUs into common shares
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one common share"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 5,199 common shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for 10,597 RSUs"
common shares financial
"total_shares_following_transaction: 110588.0000 common shares held directly"
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
Estimated average burden
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*
Doucet Terrence Gregory Joseph
(Last)(First)(Middle)
4491 CONCESSION RD 12
(Street)
STAYNERL0M 1S0
(City)(State)(Zip)
ONTARIO, CANADA
(Country)		2. Issuer Name and Ticker or Trading Symbol
Cronos Group Inc. [ CRON ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
COMMON SHARES05/12/2026M10,597A$0(1)115,787D
COMMON SHARES05/12/2026F5,199D$3.75(2)110,588D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
RESTRICTED STOCK UNITS(1)05/12/2026M10,597 (3) (3)COMMON SHARES10,597$0173,811D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
2. The price reported is denominated in Canadian dollars.
3. On May 12, 2025, the Reporting Person was granted 31,793 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
Remarks:
General Counsel and Corporate Secretary
/s/ Terrence Doucet05/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Cronos Group (CRON) report for Terrence Doucet?

Cronos Group reported that officer Terrence Doucet exercised 10,597 restricted stock units into common shares and had 5,199 shares withheld to satisfy tax obligations. These moves are routine equity compensation events rather than open-market buying or selling.

How many Cronos Group (CRON) shares does Terrence Doucet hold after this Form 4?

After the reported transactions, Terrence Doucet directly holds 110,588 Cronos Group common shares. This reflects the net result of exercising 10,597 RSUs and a 5,199-share tax-withholding disposition completed on May 12, 2026.

Were Terrence Doucet’s Cronos Group (CRON) transactions open-market sales or tax withholding?

The disposal involved 5,199 shares classified as a tax-withholding disposition, not an open-market sale. These shares were delivered to cover tax liabilities related to the vesting and exercise of 10,597 restricted stock units.

What does each Cronos Group (CRON) restricted stock unit represent?

Each restricted stock unit, or RSU, represents a contingent right to receive one Cronos Group common share. When RSUs vest and are exercised, the holder receives an equivalent number of common shares, subject to any shares withheld for taxes.

What prior RSU grant underlies Terrence Doucet’s Cronos Group (CRON) exercise?

The exercised 10,597 RSUs are part of a 31,793-unit grant awarded on May 12, 2025. That grant vests in three substantially equal annual installments starting on the first anniversary of the original grant date.

At what price were Cronos Group (CRON) shares valued for the tax-withholding transaction?

The 5,199 Cronos Group common shares used for tax withholding were valued at $3.75 per share. The filing notes this price is denominated in Canadian dollars, reflecting the company’s home currency.