Cronos Group (CRON) growth chief gets RSUs, exercises and settles tax
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
60,536 shares exercised/converted
Mixed
4 txns
Insider
JACOBSON JEFFREY DAVID
Role
Chief Growth Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RESTRICTED STOCK UNITS | 144,561 | $0.00 | -- |
| Exercise | RESTRICTED STOCK UNITS | 60,536 | $0.00 | -- |
| Exercise | COMMON SHARES | 60,536 | $0.00 | -- |
| Tax Withholding | COMMON SHARES | 25,605 | $2.57 | $66K |
Holdings After Transaction:
RESTRICTED STOCK UNITS — 459,845 shares (Direct);
COMMON SHARES — 433,394 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc. 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. 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.
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.
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.