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Cronos Group (CRON) growth chief vests RSUs and ends with 484,681 shares

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

Rhea-AI Filing Summary

Cronos Group Inc.’s Chief Growth Officer Jeffrey David Jacobson exercised restricted stock units into common shares as part of his equity compensation. He converted 59,191 RSUs into 59,191 common shares at a stated price of $0.00 per share, increasing his direct common share holdings.

To cover tax obligations related to this vesting, 22,552 common shares were withheld at $2.50 per share in a tax-withholding disposition, which is not an open-market sale. After these transactions, Jacobson directly owns 484,681 common shares. The RSUs come from a 177,573-unit grant awarded on March 15, 2023, vesting in three substantially equal annual installments.

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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)
03/15/2026
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 03/15/2026 M 59,191 A $0(1) 507,233 D
COMMON SHARES 03/15/2026 F 22,552 D $2.5 484,681 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) 03/15/2026 M 59,191 (2) (2) COMMON SHARES 59,191 $0 335,475 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 15, 2023, the Reporting Person was granted 177,573 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 03/17/2026
** 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 insider transaction did Cronos Group (CRON) report for Jeffrey David Jacobson?

Cronos Group reported that Chief Growth Officer Jeffrey David Jacobson exercised 59,191 restricted stock units into common shares. The transaction reflects routine equity compensation vesting rather than an open-market share purchase or sale, based on the Form 4 details.

How many Cronos Group (CRON) shares did Jeffrey Jacobson acquire and what happened to them?

Jeffrey Jacobson acquired 59,191 Cronos Group common shares through the exercise of restricted stock units. Of these, 22,552 shares were withheld to satisfy tax obligations, leaving the remainder added to his directly held position, according to the reported Form 4 transactions.

How many Cronos Group (CRON) shares does Jeffrey Jacobson hold after this Form 4 filing?

Following the reported transactions, Jeffrey Jacobson directly owns 484,681 Cronos Group common shares. This figure reflects the newly vested shares from exercised restricted stock units, minus the portion withheld to cover related tax liabilities as disclosed in the filing.

What was the tax-withholding component in the Cronos Group (CRON) Form 4 for Jeffrey Jacobson?

The Form 4 shows a tax-withholding disposition of 22,552 Cronos Group common shares at $2.50 per share. These shares were surrendered to cover tax liabilities from the RSU vesting, rather than sold in the open market, according to the transaction code F description.

What are the key terms of Jeffrey Jacobson’s Cronos Group (CRON) RSU grant?

Jacobson received a grant of 177,573 restricted stock units on March 15, 2023. The RSUs vest in three substantially equal annual installments, giving him the contingent right to receive one Cronos Group common share for each RSU as they vest.

Was Jeffrey Jacobson’s Cronos Group (CRON) Form 4 transaction an open-market stock sale?

The Form 4 does not report an open-market sale by Jeffrey Jacobson. Instead, it shows RSU exercises into common shares and a tax-withholding disposition coded F, where shares were delivered to satisfy tax obligations tied to the vesting event.
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