What RSU grants underpin Adam Wagner’s Cronos Group (CRON) share exercises?

Footnotes show Adam Wagner received 30,190 RSUs on May 10, 2023, and 31,220 RSUs on May 10, 2024. Each grant vests in three substantially equal annual installments starting on its first anniversary, so the current conversions reflect scheduled vesting from these prior awards.

Cronos Group (NASDAQ: CRON) officer converts RSUs into 20,470 common shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Cronos Group Inc. officer Adam Wagner reported routine equity compensation activity. On May 10, 2026, he exercised restricted stock units, converting 20,470 RSUs into the same number of common shares at no cash cost. Following these transactions, he directly owns 93,620 common shares. Footnotes explain these RSUs came from prior grants of 30,190 and 31,220 RSUs awarded in 2023 and 2024, each vesting in three substantially equal annual installments, so this filing reflects scheduled vesting rather than open‑market trading.

Insider Trade Summary

20,470 shares exercised/converted

Mixed 4 txns

Insider Wagner Adam

Role See remarks

Type	Security	Shares	Price	Value
Exercise	RESTRICTED STOCK UNITS	10,063	$0.00	--
Exercise	RESTRICTED STOCK UNITS	10,407	$0.00	--
Exercise	COMMON SHARES	10,063	$0.00	--
Exercise	COMMON SHARES	10,407	$0.00	--

Holdings After Transaction: RESTRICTED STOCK UNITS — 176,043 shares (Direct, null); COMMON SHARES — 83,213 shares (Direct, null)

Footnotes (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 30,190 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 31,220 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.

Key Figures

Common shares acquired: 20,470 shares Shares held after transaction: 93,620 shares 2023 RSU grant: 30,190 RSUs +4 more

7 metrics

Common shares acquired 20,470 shares RSUs converted to common shares on May 10, 2026

Shares held after transaction 93,620 shares Direct common share ownership following Form 4 transactions

2023 RSU grant 30,190 RSUs Granted May 10, 2023; vests over three annual installments

2024 RSU grant 31,220 RSUs Granted May 10, 2024; vests over three annual installments

RSUs exercised (lot 1) 10,407 RSUs Converted into 10,407 common shares on May 10, 2026

RSUs exercised (lot 2) 10,063 RSUs Converted into 10,063 common shares on May 10, 2026

Exercise price per RSU $0.00 per share Restricted stock units settled into common shares at no cash cost

Key Terms

restricted stock unit ("RSU"), contingent right, derivative security, vesting, +1 more

5 terms

restricted stock unit ("RSU") financial

"Each restricted stock unit ("RSU") represents a contingent right to receive one common share"

contingent right financial

"represents a contingent right to receive one common share of Cronos Group Inc."

derivative security financial

"transaction_code_description": "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.

vesting financial

"vesting in three substantially equal annual installments beginning on the first anniversary"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

05/12/2026 - 05:20 PM

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^*

Wagner Adam

(Last)

(First)

(Middle)

4491 CONCESSION RD 12

(Street)

STAYNER

L0M 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)

	Director	10% Owner
X	Officer (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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COMMON SHARES	05/10/2026		M		10,063	A	$0⁽¹⁾	83,213	D
COMMON SHARES	05/10/2026		M		10,407	A	$0⁽¹⁾	93,620	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
RESTRICTED STOCK UNITS	⁽¹⁾	05/10/2026		M			10,063	⁽²⁾	⁽²⁾	COMMON SHARES	10,063	$0	176,043	D
RESTRICTED STOCK UNITS	⁽¹⁾	05/10/2026		M			10,407	⁽³⁾	⁽³⁾	COMMON SHARES	10,407	$0	165,636	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 May 10, 2023, the Reporting Person was granted 30,190 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 31,220 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.

Remarks:

General Manager, Cronos Israel

	/s/ Aaron Werner, as attorney-in-fact for Adam Wagner	05/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Adam Wagner report at Cronos Group (CRON)?

Adam Wagner reported exercising restricted stock units to acquire common shares of Cronos Group. On May 10, 2026, he converted 20,470 RSUs into 20,470 common shares at no cash cost, reflecting scheduled vesting rather than any open-market buying or selling.

How many Cronos Group (CRON) shares does Adam Wagner hold after this Form 4?

After the reported transactions, Adam Wagner directly holds 93,620 common shares of Cronos Group. This position results from converting vested restricted stock units into common shares as part of his equity compensation, without any disclosed open-market sales in this filing.

Were any Cronos Group (CRON) shares sold in Adam Wagner’s latest Form 4?

No sales were reported in this Form 4. All four transactions are coded “M,” indicating exercises or conversions of derivative securities, specifically restricted stock units, into common shares. The filing shows share acquisitions only, with no open-market dispositions disclosed.

Does Adam Wagner still hold Cronos Group (CRON) restricted stock units after these exercises?

Yes, the derivative entries indicate remaining restricted stock unit holdings after the conversions. The reported RSU transactions reduce his RSU balance but do not eliminate it, implying additional units remain to vest according to the multi-year schedules described in the footnotes.