Cronos Group (CRON) officer exercises RSUs, withholds shares for tax

Rhea-AI Filing Summary

Cronos Group Inc. officer Terrence Gregory Joseph Doucet exercised 23,897 restricted stock units into an equal number of common shares. These RSUs were part of a grant of 71,691 units awarded on March 15, 2023, vesting in three substantially equal annual installments.

To cover tax obligations related to the vesting, 12,276 common shares were withheld at a price of C$3.44 per share. After these transactions, Doucet directly holds 105,190 common shares and 184,408 restricted stock units, showing this was primarily a compensation-related vesting and tax-withholding event rather than an open-market trade.

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

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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)
03/15/2026

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	03/15/2026		M		23,897	A	$0(1)	117,466	D
COMMON SHARES	03/15/2026		F		12,276	D	$3.44(2)	105,190	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)	03/15/2026		M			23,897	(3)	(3)	COMMON SHARES	23,897	$0	184,408	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 15, 2023, the Reporting Person was granted 71,691 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	03/17/2026
	** 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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FAQ

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

Cronos Group reported that officer Terrence Doucet exercised 23,897 restricted stock units into common shares. This was a compensation-related vesting event, not an open-market purchase, and occurred in connection with previously granted RSUs that vest over three years.

How many Cronos Group common shares does Terrence Doucet hold after this Form 4?

Following these transactions, Terrence Doucet directly holds 105,190 Cronos Group common shares. This figure reflects the 23,897 shares received from RSU vesting, reduced by 12,276 shares withheld to satisfy tax obligations at a reported price of C$3.44 per share.

Were any Cronos Group (CRON) shares sold on the open market in this Form 4?

No open-market sales were reported. The only disposition was 12,276 common shares withheld to pay tax liabilities associated with RSU vesting, coded as an F transaction, which represents a tax-withholding mechanism rather than a discretionary sale into the market.

What restricted stock unit grant is referenced in this Cronos Group Form 4?

The filing notes that on March 15, 2023, Terrence Doucet was granted 71,691 restricted stock units. These RSUs vest in three substantially equal annual installments beginning on the first anniversary of the grant date, and each unit represents one Cronos Group common share upon vesting.

At what price were Cronos Group shares valued for the tax withholding in this filing?

For the tax-withholding transaction, 12,276 Cronos Group common shares were valued at C$3.44 per share. The filing clarifies that this price is denominated in Canadian dollars, consistent with Cronos Group’s Canadian listing and reporting currency framework.

How many restricted stock units does Terrence Doucet hold after these Cronos Group transactions?

After exercising 23,897 RSUs, Terrence Doucet’s reported balance in the derivative table shows 184,408 restricted stock units. Each RSU represents a contingent right to receive one Cronos Group common share as the remaining units vest under their original award terms.