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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 |
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
- 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.
- 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.
- 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
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What insider transactions did Buggy Shannon report for Cronos Group (CRON)?
How many restricted stock units did Buggy Shannon receive from Cronos Group (CRON)?
How many Cronos Group (CRON) RSUs did Buggy Shannon exercise in this Form 4?
What are Buggy Shannon’s Cronos Group (CRON) holdings after these transactions?
How do the Cronos Group (CRON) RSU grants to Buggy Shannon vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.