Cronos CGO exercises RSUs, pays taxes in shares
Cronos Group Inc. Chief Growth Officer Jeffrey David Jacobson exercised restricted stock units into common shares.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Cronos Group Inc. Chief Growth Officer Jeffrey David Jacobson exercised restricted stock units into common shares. He converted 65,179 RSUs, with each unit delivering one common share. A portion of the resulting 65,179 common shares was used to satisfy tax obligations, with 24,926 shares withheld at a price of $2.56 per share. After these compensation-related and tax-withholding transactions, Jacobson directly owned 448,042 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RESTRICTED STOCK UNITS | 65,179 | $0.00 | $0.00 |
| Exercise | COMMON SHARES | 65,179 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | COMMON SHARES | 24,926 | $2.56 | $64K |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
- F2. On March 12, 2025, the Reporting Person was granted 195,538 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
FAQ
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What did Cronos Group (CRON) Chief Growth Officer report in this Form 4?
What are Jeffrey David Jacobson’s Cronos Group (CRON) holdings after these transactions?
What do the restricted stock unit (RSU) footnotes explain for Cronos Group (CRON)?
AI-generated analysis. How Rhea-AI works. Not financial advice.