Cronos officer granted 80,555 RSUs, exercises awards
Cronos Group Inc. reported that officer Terrence Gregory Joseph Doucet received and exercised equity awards rather than trading shares on the open market.
Rhea-AI Filing Summary
Cronos Group Inc. reported that officer Terrence Gregory Joseph Doucet received and exercised equity awards rather than trading shares on the open market. On March 9, 2026, he was granted 80,555 restricted stock units (RSUs), each representing a contingent right to receive one common share, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
On March 8, 2026, he exercised 24,434 RSUs into the same number of common shares, then had 12,580 common shares withheld at $3.51 per share to cover tax obligations, a non–open-market disposition. Following these transactions, he directly held 81,995 common shares and 232,114 RSUs, reflecting routine compensation and vesting activity rather than discretionary buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RESTRICTED STOCK UNITS | 80,555 | $0.00 | $0.00 |
| Exercise | RESTRICTED STOCK UNITS | 24,434 | $0.00 | $0.00 |
| Exercise | COMMON SHARES | 24,434 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | COMMON SHARES | 12,580 | $3.51 | $44K |
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
- F2. The price reported is denominated in Canadian dollars.
- F3. On March 8, 2024, the Reporting Person was granted 73,308 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 80,555 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 Cronos Group (CRON) report for Terrence Doucet?
How many restricted stock units did Terrence Doucet receive from Cronos Group (CRON)?
What are Terrence Doucet’s Cronos Group (CRON) holdings after these transactions?
What does the RSU exercise in Cronos Group (CRON) Form 4 represent?
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