Cronos officer gains 10,367 shares via RSU vesting
Cronos Group Inc. reported that company officer Adam Wagner exercised restricted stock units into common shares.
Rhea-AI Filing Summary
Cronos Group Inc. reported that company officer Adam Wagner exercised restricted stock units into common shares. On May 12, 2026, 10,367 restricted stock units vested and converted into 10,367 common shares at no exercise price, increasing his directly held common shares to 103,987. The RSUs each represent a right to receive one Cronos common share, and this transaction reflects the first vesting installment of a 31,102-unit grant awarded on May 12, 2025, which vests in three substantially equal annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,367 shares exercised/converted
Exercise
2 txns
Insider
Wagner Adam
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RESTRICTED STOCK UNITS | 10,367 | $0.00 | $0.00 |
| Exercise | COMMON SHARES | 10,367 | $0.00 | $0.00 |
Holdings After Transaction:
RESTRICTED STOCK UNITS — 155,269 contracts (Direct);
COMMON SHARES — 103,987 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
- F2. On May 12, 2025, the reporting person was granted 31,102 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
Key Figures
Common shares acquired: 10,367 shares
Common shares held after: 103,987 shares
RSU grant size: 31,102 RSUs
+3 more
6 metrics
Common shares acquired
10,367 shares
Shares received from RSU vesting on May 12, 2026
Common shares held after
103,987 shares
Direct holdings following RSU conversion
RSU grant size
31,102 RSUs
Grant awarded on May 12, 2025
RSUs transaction amount
10,367 RSUs
RSUs that vested and converted into common shares
Exercise price
$0.0000 per share
Stated conversion price for RSUs into common shares
RSUs remaining after
155,269 RSUs
Direct RSU holdings reported after the transaction
Key Terms
Restricted Stock Units, derivative exercise/conversion, contingent right, non-derivative, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one common share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
contingent right financial
"represents a contingent right to receive one common share of Cronos Group Inc."
non-derivative financial
"transaction_type": "non-derivative""
derivative financial
"transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cronos Group (CRON) report for Adam Wagner?
Cronos reported that officer Adam Wagner acquired 10,367 common shares through the vesting and conversion of restricted stock units. This non-cash transaction reflects compensation vesting rather than an open-market purchase and increased his directly held common share position.
What are Cronos Group restricted stock units (RSUs) in Adam Wagner’s filing?
Each restricted stock unit in the filing represents a contingent right to receive one Cronos Group common share. When the RSUs vest, they convert into common shares, as shown by 10,367 RSUs vesting and delivering the same number of shares to Adam Wagner.
What was the size and vesting schedule of Adam Wagner’s RSU grant at Cronos Group?
On May 12, 2025, Adam Wagner was granted 31,102 restricted stock units at Cronos Group. The award vests in three substantially equal annual installments, beginning on the first anniversary of the grant date, leading to periodic share delivery as each tranche vests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
