Cronos officer exercises RSUs, shares withheld for tax

Cronos Group Inc. reported that company officer Terrence Gregory Joseph Doucet exercised restricted stock units into common shares.

Accepted by SEC EDGAR 03/16/2026 - 05:13 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Cronos Group Inc. reported that company officer Terrence Gregory Joseph Doucet exercised restricted stock units into common shares. On March 12, 2026, he converted 23,809 RSUs into the same number of common shares at a stated price of $0.00 per share.

To cover tax obligations related to this vesting, 12,235 common shares were withheld at a price denominated in Canadian dollars of $3.48 per share, leaving a net increase of 11,574 common shares. Following these transactions, he directly owned 93,569 common shares and 208,305 restricted stock units, with the RSUs originally granted as 71,428 units on March 12, 2025 vesting in three equal annual installments.

Insider Trade Summary

23,809 shares exercised/converted

Exercise 3 txns

Insider Doucet Terrence Gregory Joseph

Role See Remarks

Type	Security	Shares	Price	Value
Exercise	RESTRICTED STOCK UNITS	23,809	$0.00	$0.00
Exercise	COMMON SHARES	23,809	$0.00	$0.00
Exercise Price or Tax Liability	COMMON SHARES	12,235	$3.48	$43K

Holdings After Transaction: RESTRICTED STOCK UNITS — 208,305 contracts (Direct); COMMON SHARES — 93,569 shares (Direct)

Holdings Before and After: RESTRICTED STOCK UNITS, 232,114 to 208,305 contracts (Direct); COMMON SHARES, 81,995 to 93,569 shares (Direct)

Footnotes (3)

1. F1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
2. F2. The price reported is denominated in Canadian dollars.
3. F3. On March 12, 2025, the Reporting Person was granted 71,428 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Cronos Group reported that officer Terrence Doucet exercised 23,809 restricted stock units into common shares. The RSUs converted on March 12, 2026 at a stated price of $0.00 per share, increasing his direct ownership in Cronos common shares.

How many Cronos Group (CRON) shares were withheld for taxes in this Form 4?

12,235 Cronos common shares were withheld to cover tax obligations. These shares were valued at $3.48 per share, with the price denominated in Canadian dollars, and relate to the vesting and settlement of restricted stock units on March 12, 2026.

What is Terrence Doucet’s Cronos Group (CRON) share ownership after the reported transactions?

After the transactions, Terrence Doucet directly owned 93,569 Cronos common shares. He also held 208,305 restricted stock units, providing additional contingent rights to receive common shares under previously granted equity awards.

What restricted stock unit grant did Cronos Group (CRON) make to Terrence Doucet?

On March 12, 2025, Cronos granted Terrence Doucet 71,428 restricted stock units. These RSUs vest in three substantially equal annual installments, beginning on the first anniversary of the grant date, forming part of his long-term equity compensation.

Does the Cronos Group (CRON) Form 4 show an open-market stock purchase or sale?

The Form 4 shows an RSU exercise and tax-withholding disposition, not an open-market trade. Shares were issued from restricted stock units and a portion was withheld to satisfy tax liabilities, rather than bought or sold on the market.

How many Cronos Group (CRON) RSUs does Terrence Doucet hold after this vesting?

Following the reported RSU settlement, Terrence Doucet held 208,305 restricted stock units. Each RSU represents a contingent right to receive one Cronos common share, subject to the vesting terms of the underlying equity awards.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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
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)

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

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
COMMON SHARES	03/12/2026		M		23,809	A	$0(1)	105,804	D
COMMON SHARES	03/12/2026		F		12,235	D	$3.48(2)	93,569	D

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
RESTRICTED STOCK UNITS	(1)	03/12/2026		M			23,809	(3)	(3)	COMMON SHARES	23,809	$0	208,305	D

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 March 12, 2025, the Reporting Person was granted 71,428 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 Doucet	03/16/2026
	** 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).
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