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Cronos (CRON) growth chief exercises 65,179 RSUs, 24,926 shares withheld for tax

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

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.

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SEC Form 4
FORM 4 UNITED 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*
JACOBSON JEFFREY DAVID

(Last) (First) (Middle)
4491 CONCESSION RD 12

(Street)
STAYNER A6 L0M 1S0

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Cronos Group Inc. [ CRON ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Growth Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
COMMON SHARES 03/12/2026 M 65,179 A $0(1) 472,968 D
COMMON SHARES 03/12/2026 F 24,926 D $2.56 448,042 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
RESTRICTED STOCK UNITS (1) 03/12/2026 M 65,179 (2) (2) COMMON SHARES 65,179 $0 394,666 D
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, 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.
Remarks:
/s/ Aaron Werner, as attorney-in-fact for Jeffrey D. Jacobson 03/16/2026
** Signature of Reporting Person Date
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.

FAQ

What did Cronos Group (CRON) Chief Growth Officer report in this Form 4?

Cronos Group Chief Growth Officer Jeffrey David Jacobson reported exercising 65,179 restricted stock units into common shares. The filing also shows a related share disposition for tax withholding, reflecting routine equity compensation activity rather than an open-market purchase or sale.

How many Cronos Group (CRON) shares did the officer acquire through RSU exercise?

Jeffrey David Jacobson acquired 65,179 Cronos Group common shares by exercising restricted stock units. Each RSU represented a contingent right to receive one common share, and this exercise converted those derivative rights into directly held common shares on the reported transaction date.

How many Cronos Group (CRON) shares were used for tax withholding?

The Form 4 shows 24,926 Cronos Group common shares were disposed of to cover tax obligations. These shares were withheld at a price of $2.56 per share, reflecting a tax-withholding mechanism rather than an open-market sale initiated by the officer.

What are Jeffrey David Jacobson’s Cronos Group (CRON) holdings after these transactions?

Following the RSU exercise and tax-withholding disposition, Jeffrey David Jacobson directly owned 448,042 Cronos Group common shares. This post-transaction figure reflects his updated equity position after converting restricted stock units and settling associated tax liabilities in shares.

What do the restricted stock unit (RSU) footnotes explain for Cronos Group (CRON)?

The footnotes explain each restricted stock unit represents a right to receive one Cronos Group common share. They also note a grant of 195,538 RSUs on March 12, 2025, vesting in three substantially equal annual installments beginning on the first anniversary of that grant.
Cronos Group

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