4Filed Aug 6, 8:00 PM ET

Cronos (CRON) Director Garnick Murray R Receives 48,860-Share Award

$CRON · Cronos Group Inc.

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Cronos (CRON) Director Garnick Murray R Receives 48,860-Share Award

What Happened

  • Garnick Murray R, a director of Cronos Group Inc. (CRON), was granted 48,859.93 Deferred Share Units on 2026-08-06. The units were awarded at $0.00 per share (derivative award) and therefore show $0 cash consideration at grant. These units are not common shares but entitle the holder to a cash payment based on the fair market value of Cronos shares when redeemed.

Key Details

  • Transaction date: 2026-08-06; Form 4 filed: 2026-08-07 (timely filing).
  • Type: Award/Grant of Deferred Share Units (code A); 48,859.93 units granted at $0.00.
  • Value at grant: $0 (units are derivative compensation that convert to cash later).
  • Shares owned after transaction: not specified in the filing.
  • Footnotes: F1 — Deferred Share Units pay a lump-sum cash amount equal to the Company’s share FMV on redemption. F2 — Vested DSUs are mandatorily redeemed by the Company on the first trading day after the director ceases to serve.
  • No indication of sale, purchase, or 10b5-1 plan in this filing.

Context

  • These Deferred Share Units are a form of director compensation and represent a future cash entitlement tied to Cronos’s share price at redemption, not an immediate equity stake. Such awards are routine for directors and do not by themselves indicate a buy or sell signal in the market.