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Cronos Group (CRON) growth chief gets RSUs, exercises and settles tax

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

Rhea-AI Filing Summary

Cronos Group Inc. reported equity compensation and related share movements for Chief Growth Officer Jeffrey David Jacobson. On March 9, 2026, he received a grant of 144,561 restricted stock units (RSUs), each representing a contingent right to 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 60,536 RSUs into the same number of common shares, and 25,605 common shares were withheld at $2.57 per share to satisfy tax obligations. Following these transactions, he directly holds 407,789 common shares and 459,845 RSUs.

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*
JACOBSON JEFFREY DAVID

(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)
Chief Growth Officer
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 60,536 A $0(1) 433,394 D
COMMON SHARES 03/08/2026 F 25,605 D $2.57 407,789 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 60,536 (2) (2) COMMON SHARES 60,536 $0 315,284 D
RESTRICTED STOCK UNITS (1) 03/09/2026 A 144,561 (3) (3) COMMON SHARES 144,561 $0 459,845 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 181,627 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
3. On March 9, 2026, the Reporting Person was granted 144,561 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
Remarks:
/s/ Aaron Werner, as attorney-in-fact for Jeffrey D. Jacobson 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) disclose for its Chief Growth Officer?

Cronos Group reported that Chief Growth Officer Jeffrey David Jacobson received a new RSU grant, exercised existing RSUs into common shares, and had shares withheld to cover taxes. These transactions are routine equity compensation and tax-settlement events, not open-market stock purchases or sales.

How many RSUs did Cronos Group (CRON) grant to its Chief Growth Officer in March 2026?

Cronos Group granted Jeffrey David Jacobson 144,561 restricted stock units (RSUs) on March 9, 2026. Each RSU represents a contingent right to receive one common share of Cronos Group Inc., providing additional long-term equity-based compensation tied to the company’s stock performance.

What are the vesting terms of the new Cronos Group (CRON) RSU grant?

The March 9, 2026 grant of 144,561 RSUs to Jeffrey David Jacobson vests in three substantially equal annual installments. Vesting begins on the first anniversary of the grant date, spreading the award over three years to encourage continued service and long-term alignment with shareholders.

How many RSUs did the Cronos Group (CRON) executive exercise into common shares?

On March 8, 2026, Jeffrey David Jacobson exercised 60,536 restricted stock units into 60,536 Cronos common shares. This derivative exercise converts previously granted RSUs into actual shares, increasing his direct share ownership while reducing his outstanding RSU balance by the same amount.

How many Cronos Group (CRON) shares were withheld to cover the executive’s tax obligations?

Cronos Group reported that 25,605 common shares were withheld at $2.57 per share to satisfy tax liabilities related to the equity compensation. This F-code disposition is a standard tax-withholding mechanism and does not represent an open-market sale by the executive.

What are the Cronos Group (CRON) Chief Growth Officer’s holdings after these transactions?

After the March 2026 transactions, Jeffrey David Jacobson directly holds 407,789 Cronos common shares. He also has 459,845 restricted stock units outstanding, each representing a contingent right to receive one common share, reflecting both current ownership and future potential equity.

What prior RSU grant to the Cronos Group (CRON) executive is mentioned?

Footnotes note that on March 8, 2024, Jeffrey David Jacobson was granted 181,627 RSUs, vesting in three substantially equal annual installments starting on the first anniversary of that grant date. This earlier award complements the newer 2026 RSU grant disclosed in the same filing.
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