Cronos insider exercises RSUs, pays taxes in shares
Cronos Group Inc. officer Jared Matthew Kenost reported routine equity compensation activity.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Cronos Group Inc. officer Jared Matthew Kenost reported routine equity compensation activity. On May 10, 2026, previously granted restricted stock units vested and were exercised into 12,649 common shares. To cover tax obligations, 4,774 common shares were disposed of at $2.54 per share as tax-withholding, not as open-market sales. Following these transactions, he continues to hold a direct equity stake in Cronos common shares.
Insider Trade Summary
12,649 shares exercised/converted
Exercise
6 txns
Insider
Kenost Jared Matthew
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RESTRICTED STOCK UNITS | 7,535 | $0.00 | $0.00 |
| Exercise | RESTRICTED STOCK UNITS | 5,114 | $0.00 | $0.00 |
| Exercise | COMMON SHARES | 7,535 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | COMMON SHARES | 2,896 | $2.54 | $7K |
| Exercise | COMMON SHARES | 5,114 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | COMMON SHARES | 1,878 | $2.54 | $5K |
Holdings After Transaction:
RESTRICTED STOCK UNITS — 33,354 contracts (Direct);
COMMON SHARES — 37,263 shares (Direct)
Holdings Before and After:
RESTRICTED STOCK UNITS, 46,003 to 33,354 contracts (Direct);
COMMON SHARES, 29,388 to 37,263 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
- F2. On May 10, 2023, the Reporting Person was granted 22,606 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
- F3. On May 10, 2024, the Reporting Person was granted 15,343 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
Key Figures
RSU exercises: 12,649 shares
Tax-withholding shares: 4,774 shares
Tax-withholding price: $2.54 per share
+2 more
5 metrics
RSU exercises
12,649 shares
Common shares acquired via RSU exercises on May 10, 2026
Tax-withholding shares
4,774 shares
Shares disposed to cover tax liabilities on May 10, 2026
Tax-withholding price
$2.54 per share
Price used for F-code tax-withholding dispositions
Exercise transactions
2 transactions
M-code derivative exercises in transaction summary
Tax-withholding transactions
2 transactions
F-code tax-withholding entries in transaction summary
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, common share
4 terms
Restricted Stock Units financial
"On May 10, 2023, the Reporting Person was granted 22,606 RSUs, vesting in three substantially equal annual installments"
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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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
"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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Cronos Group (CRON) report for Jared Matthew Kenost?
Cronos Group officer Jared Matthew Kenost reported RSU vesting that converted into common shares, plus share dispositions to pay taxes. The filing shows compensation-related equity activity rather than open-market buying or selling of Cronos common shares.
Were Jared Matthew Kenost’s Cronos (CRON) transactions open-market buys or sells?
No open-market buys or sells are shown. The M-code entries reflect RSU exercises into common shares, and the F-code entries are tax-withholding dispositions. Both are standard equity compensation events rather than discretionary trading in Cronos stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
