Cronos Group (CRON) executive converts 3,118 RSUs into common shares, holding 211,555 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cronos Group Inc. executive Arye Weigensberg exercised restricted stock units into common shares in a compensation-related move. On May 10, 2026, 3,118 restricted stock units converted into 3,118 common shares at a stated price of $0.00 per share, increasing his direct common share holdings to 211,555 shares. Following the transaction, he also continued to hold 154,419 restricted stock units, each representing a contingent right to receive one common share of Cronos Group Inc.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,118 shares exercised/converted
Mixed
2 txns
Insider
Weigensberg Arye
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RESTRICTED STOCK UNITS | 3,118 | $0.00 | -- |
| Exercise | COMMON SHARES | 3,118 | $0.00 | -- |
Holdings After Transaction:
RESTRICTED STOCK UNITS — 154,419 shares (Direct, null);
COMMON SHARES — 211,555 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc. On May 10, 2024, the reporting person was granted 9,355 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
Key Figures
RSUs exercised: 3,118 units
Common shares after transaction: 211,555 shares
RSUs remaining: 154,419 units
+1 more
4 metrics
RSUs exercised
3,118 units
Restricted stock units converted to common shares on May 10, 2026
Common shares after transaction
211,555 shares
Direct holdings following RSU exercise
RSUs remaining
154,419 units
Restricted stock units outstanding after the reported exercise
Exercise price per share
$0.00 per share
Stated price for RSU conversion into common shares
Key Terms
Restricted Stock Units, derivative exercise/conversion, Exercise or conversion of derivative security, contingent right
4 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""
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
contingent right financial
"represents a contingent right to receive one common share of Cronos Group Inc."
FAQ
What insider transaction did Cronos Group Inc. (CRON) report for Arye Weigensberg?
Cronos reported that Arye Weigensberg exercised 3,118 restricted stock units into 3,118 common shares. This compensation-related derivative exercise increased his direct common share holdings while leaving a substantial restricted stock unit balance outstanding.
How many restricted stock units does Arye Weigensberg still have at Cronos Group (CRON)?
Following the transaction, Arye Weigensberg holds 154,419 restricted stock units. Each restricted stock unit represents a contingent right to receive one Cronos Group common share, typically subject to vesting and other conditions set at grant.
Was the Cronos Group (CRON) insider transaction a purchase or an exercise of RSUs?
The transaction was an exercise of restricted stock units, not an open-market share purchase. The Form 4 classifies it under code M, described as an exercise or conversion of a derivative security into common shares at a stated price of zero.