Cronos executive exercises RSUs, receives new grant

Cronos Group Inc. officer Buggy Shannon reported compensation-related stock activity involving restricted stock units and common shares.

Accepted by SEC EDGAR 03/10/2026 - 04:47 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Cronos Group Inc. officer Buggy Shannon reported compensation-related stock activity involving restricted stock units and common shares. On March 9, 2026, Shannon received a grant of 48,638 RSUs, each representing one common share, vesting in three equal annual installments starting one year after the grant date.

On March 8, 2026, Shannon exercised RSUs covering 21,148 and 25,378 underlying common shares. To satisfy tax obligations, the company withheld 10,526 and 12,918 common shares at $2.57 per share. Following these transactions, Shannon directly held 142,941 common shares and 243,774 RSUs.

Insider Trade Summary

46,526 shares exercised/converted

Exercise 7 txns

Insider Buggy Shannon

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	RESTRICTED STOCK UNITS	48,638	$0.00	$0.00
Exercise	RESTRICTED STOCK UNITS	21,148	$0.00	$0.00
Exercise	RESTRICTED STOCK UNITS	25,378	$0.00	$0.00
Exercise	COMMON SHARES	21,148	$0.00	$0.00
Exercise Price or Tax Liability	COMMON SHARES	10,526	$2.57	$27K
Exercise	COMMON SHARES	25,378	$0.00	$0.00
Exercise Price or Tax Liability	COMMON SHARES	12,918	$2.57	$33K

Holdings After Transaction: RESTRICTED STOCK UNITS — 243,774 contracts (Direct); COMMON SHARES — 142,941 shares (Direct)

Holdings Before and After: RESTRICTED STOCK UNITS, 241,662 to 243,774 contracts (Direct); COMMON SHARES, 119,859 to 142,941 shares (Direct)

Footnotes (4)

1. F1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
2. F2. On March 8, 2024, the Reporting Person was granted 63,451 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
3. F3. On March 8, 2024, the Reporting Person was granted 76,142 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
4. F4. On March 9, 2026, the Reporting Person was granted 48,638 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Buggy Shannon report for Cronos Group (CRON)?

Buggy Shannon reported RSU grants, RSU exercises, and related tax share withholdings. The filing shows derivative exercises converting RSUs into common shares, a new 48,638 RSU grant, and shares withheld at $2.57 to cover tax liabilities rather than open-market buying or selling.

How many restricted stock units did Buggy Shannon receive from Cronos Group (CRON)?

Buggy Shannon received a new grant of 48,638 restricted stock units. Each RSU represents a contingent right to one Cronos Group common share and vests in three substantially equal annual installments starting on the first anniversary of the March 9, 2026 grant date.

How many Cronos Group (CRON) RSUs did Buggy Shannon exercise in this Form 4?

The filing shows RSU exercises covering 21,148 and 25,378 underlying common shares. These exercises convert restricted stock units into common shares, increasing direct share ownership while leaving overall economic exposure largely compensation-driven rather than reflecting open-market purchase decisions.

Were any Cronos Group (CRON) shares sold on the open market in this Form 4?

No open-market sales are reported. The only dispositions use transaction code F, meaning 10,526 and 12,918 common shares were withheld at $2.57 per share to pay tax obligations tied to RSU vesting or exercise, not discretionary market sales.

What are Buggy Shannon’s Cronos Group (CRON) holdings after these transactions?

After the reported transactions, Buggy Shannon directly holds 142,941 common shares. The derivative section also shows 243,774 restricted stock units outstanding, each representing a contingent right to receive one additional Cronos Group common share upon future vesting and settlement.

How do the Cronos Group (CRON) RSU grants to Buggy Shannon vest over time?

Each RSU grant vests in three substantially equal annual installments. The Form 4 footnotes state this applies to prior RSU grants made March 8, 2024, and the new 48,638 RSUs granted March 9, 2026, with vesting beginning on the first anniversary of each grant date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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^*

Buggy Shannon

(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)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
03/08/2026

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	03/08/2026		M		21,148	A	$0(1)	141,007	D
COMMON SHARES	03/08/2026		F		10,526	D	$2.57	130,481	D
COMMON SHARES	03/08/2026		M		25,378	A	$0(1)	155,859	D
COMMON SHARES	03/08/2026		F		12,918	D	$2.57	142,941	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)	03/08/2026		M			21,148	(2)	(2)	COMMON SHARES	21,148	$0	220,514	D
RESTRICTED STOCK UNITS	(1)	03/08/2026		M			25,378	(3)	(3)	COMMON SHARES	25,378	$0	195,136	D
RESTRICTED STOCK UNITS	(1)	03/09/2026		A		48,638		(4)	(4)	COMMON SHARES	48,638	$0	243,774	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 8, 2024, the Reporting Person was granted 63,451 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.

3. On March 8, 2024, the Reporting Person was granted 76,142 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.

4. On March 9, 2026, the Reporting Person was granted 48,638 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.

Remarks:

Senior Vice President, Global Head of People

	/s/ Aaron Werner, as attorney-in-fact for Shannon Buggy	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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