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Cronos Group (NASDAQ: CRON) officer receives 80,555 RSUs and exercises 24,434 units

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

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.
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*
Doucet Terrence Gregory Joseph

(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 24,434 A $0(1) 94,575 D
COMMON SHARES 03/08/2026 F 12,580 D $3.51(2) 81,995 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 24,434 (3) (3) COMMON SHARES 24,434 $0 151,559 D
RESTRICTED STOCK UNITS (1) 03/09/2026 A 80,555 (4) (4) COMMON SHARES 80,555 $0 232,114 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
2. The price reported is denominated in Canadian dollars.
3. 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.
4. 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.
Remarks:
General Counsel and Corporate Secretary
/s/ Terrence Doucet 03/10/2026
** 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 transactions did Cronos Group (CRON) report for Terrence Doucet?

Cronos Group reported that officer Terrence Doucet received 80,555 new RSUs, exercised 24,434 RSUs into common shares, and had 12,580 shares withheld to cover taxes. These are compensation and vesting-related events, not open-market purchases or sales.

How many restricted stock units did Terrence Doucet receive from Cronos Group (CRON)?

Terrence Doucet was granted 80,555 restricted stock units. According to the filing, these RSUs vest in three substantially equal annual installments starting on the first anniversary of the March 9, 2026 grant date, providing him with future rights to Cronos common shares.

Did the Cronos Group (CRON) insider sell shares in the market in this Form 4?

The Form 4 shows no open-market sales. Instead, 12,580 common shares were withheld at $3.51 per share to satisfy tax obligations related to an equity award exercise, which is recorded as a tax-withholding disposition rather than a discretionary sale.

What are Terrence Doucet’s Cronos Group (CRON) holdings after these transactions?

After these transactions, Terrence Doucet directly held 81,995 Cronos common shares and 232,114 restricted stock units. The RSUs each represent a contingent right to receive one common share, subject to the vesting schedules described in the company’s equity award terms.

What does the RSU exercise in Cronos Group (CRON) Form 4 represent?

The Form 4 shows Doucet exercised 24,434 RSUs into 24,434 common shares. This reflects previously granted equity awards becoming shares, a typical compensation event, rather than a new market purchase. Part of these shares was then withheld to cover associated tax liabilities.
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