STOCK TITAN

Cronos Group (CRON) officer exercises RSUs, uses 4,774 shares for taxes

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 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.

Positive

  • None.

Negative

  • None.
Insider Kenost Jared Matthew
Role See Remarks
Type Security Shares Price Value
Exercise RESTRICTED STOCK UNITS 7,535 $0.00 --
Exercise RESTRICTED STOCK UNITS 5,114 $0.00 --
Exercise COMMON SHARES 7,535 $0.00 --
Tax Withholding COMMON SHARES 2,896 $2.54 $7K
Exercise COMMON SHARES 5,114 $0.00 --
Tax Withholding COMMON SHARES 1,878 $2.54 $5K
Holdings After Transaction: RESTRICTED STOCK UNITS — 38,468 shares (Direct, null); COMMON SHARES — 36,923 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 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. 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.
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
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.
common share financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc."
A common share is a type of ownership in a company that gives the holder a claim to a portion of the company’s profits and assets. It often comes with voting rights, allowing shareholders to participate in decisions about the company’s direction. For investors, owning common shares can mean potential for growth and income, but also involves a higher level of risk compared to other types of investments.
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)
05/10/2026
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 SHARES05/10/2026M7,535A$0(1)36,923D
COMMON SHARES05/10/2026F2,896D$2.5434,027D
COMMON SHARES05/10/2026M5,114A$0(1)39,141D
COMMON SHARES05/10/2026F1,878D$2.5437,263D
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)05/10/2026M7,535 (2) (2)COMMON SHARES7,535$038,468D
RESTRICTED STOCK UNITS(1)05/10/2026M5,114 (3) (3)COMMON SHARES5,114$033,354D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
2. 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.
3. 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.
Remarks:
Vice President, Controller
/s/ Ryan Morgan, 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 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.

How many Cronos Group (CRON) shares did Jared Matthew Kenost acquire through RSU exercises?

The filing shows RSU exercises covering a total of 12,649 common shares. These shares came from previously granted restricted stock units that vested according to their original award schedules on the May 10, 2026 transaction date.

How many Cronos Group (CRON) shares were used for tax withholding in this Form 4?

The Form 4 reports 4,774 common shares disposed of as tax-withholding. These F-code transactions represent shares withheld to cover tax liabilities on the RSU vesting, not discretionary open-market sales by the reporting officer.

What price was used for the Cronos Group (CRON) tax-withholding share dispositions?

The tax-withholding dispositions were recorded at $2.54 per Cronos common share. This price applies to the F-code transactions where shares were delivered to satisfy tax obligations arising from the vesting of restricted stock units.

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.