STOCK TITAN

Cronos Group (CRON) officer settles RSUs and tax withholding shares

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

Rhea-AI Filing Summary

Cronos Group Inc. officer Jared Matthew Kenost reported routine equity compensation activity. On May 12, 2026, he exercised 9,412 restricted stock units (RSUs) into common shares and had 3,701 common shares withheld at $2.75 per share to cover tax obligations.

Following these transactions, he directly owned 42,974 common shares. In addition, he was granted 30,000 new RSUs that were originally awarded on March 12, 2026 and vest in three substantially equal annual installments, adding to previously granted RSUs from March 12, 2025.

Positive

  • None.

Negative

  • None.
Insider Kenost Jared Matthew
Role See Remarks
Type Security Shares Price Value
Grant/Award RESTRICTED STOCK UNITS 30,000 $0.00 --
Exercise RESTRICTED STOCK UNITS 9,412 $0.00 --
Exercise COMMON SHARES 9,412 $0.00 --
Tax Withholding COMMON SHARES 3,701 $2.75 $10K
Holdings After Transaction: RESTRICTED STOCK UNITS — 63,354 shares (Direct, null); COMMON SHARES — 46,675 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc. On March 12, 2026, the reporting person was granted 30,000 RSUs, vesting in three substantially equal installments beginning on the first anniversary of the grant date. On March 12, 2025, the reporting person was granted 28,238 RSUs, vesting in three substantially equal installments beginning on the first anniversary of the grant date.
Tax-withheld shares 3,701 shares at $2.75 Common shares delivered to cover tax liability on May 12, 2026
RSUs exercised 9,412 RSUs Converted into Cronos Group common shares on May 12, 2026
Common shares owned 42,974 shares Direct ownership after reported transactions
New RSU grant 30,000 RSUs Granted March 12, 2026, vesting in three substantially equal installments
Prior RSU grant 28,238 RSUs Granted March 12, 2025, vesting in three substantially equal installments
RSUs outstanding after grant 63,354 RSUs Derivative total following the latest RSU award
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc."
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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 security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represents a contingent right to receive one common share of Cronos Group Inc."
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*
Kenost Jared Matthew

(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 SHARES05/12/2026M9,412A$0(1)46,675D
COMMON SHARES05/12/2026F3,701D$2.7542,974D
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)05/12/2026A30,000 (2) (2)COMMON SHARES30,000$063,354D
RESTRICTED STOCK UNITS(1)05/12/2026M9,412 (3) (3)COMMON SHARES9,412$053,942D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
2. On March 12, 2026, the reporting person was granted 30,000 RSUs, vesting in three substantially equal installments beginning on the first anniversary of the grant date.
3. On March 12, 2025, the reporting person was granted 28,238 RSUs, vesting in three substantially equal installments beginning on the first anniversary of the grant date.
Remarks:
Vice President, Controller
/s/ Aaron B. Werner, as attorney-in-fact for Jared Matthew Kenost05/12/2026
** 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)

FAQ

What insider transactions did Cronos Group (CRON) report for Jared Matthew Kenost?

Cronos Group reported that officer Jared Matthew Kenost exercised 9,412 restricted stock units into common shares and had 3,701 common shares withheld at $2.75 each for taxes. He also received a grant of 30,000 new RSUs tied to future vesting.

How many Cronos Group (CRON) shares does Jared Matthew Kenost hold after this Form 4?

After these transactions, Jared Matthew Kenost directly owns 42,974 Cronos Group common shares. This reflects RSUs converting into shares and a tax-withholding disposition, and does not include his separate remaining restricted stock unit awards that vest over time.

What RSU awards did Cronos Group (CRON) grant to Jared Matthew Kenost?

Jared Matthew Kenost was granted 30,000 restricted stock units on March 12, 2026, vesting in three substantially equal annual installments. He also previously received 28,238 RSUs on March 12, 2025, which follow a similar three-installment vesting schedule tied to service over time.

Was the Cronos Group (CRON) Form 4 a market sale by Jared Matthew Kenost?

The Form 4 does not show an open-market sale. Instead, it shows a tax-withholding disposition of 3,701 common shares at $2.75 per share tied to RSU settlement, which is a standard mechanism to satisfy tax obligations rather than a discretionary market trade.

What does the tax-withholding transaction mean for Cronos Group (CRON) insider activity?

The tax-withholding transaction indicates 3,701 Cronos Group shares were delivered to cover taxes when RSUs vested. This type of disposition is mechanically driven by tax requirements and typically carries less informational value than a voluntary open-market purchase or sale by the insider.