JACOBSON JEFFREY DAVID 4

What Happened

• Jeff Jacobson, Chief Growth Officer of Cronos Group Inc. (CRON), had 59,191 restricted stock units (RSUs) convert into common shares on March 15, 2026 (reported as exercise/conversion, code M). To satisfy tax withholding, 22,552 of those shares were surrendered/sold at $2.50 per share for a total of $56,380 (code F). The RSUs converted had no exercise price.

Key Details

• Transaction dates: March 15, 2026 (reported on Form 4 filed March 17, 2026; timely filing).
• Shares acquired via conversion: 59,191 common shares (from RSUs).
• Shares surrendered/sold for tax payment: 22,552 shares at $2.50/share = $56,380.
• Footnotes: F1 — each RSU converts to one common share; F2 — these RSUs were part of a 177,573 RSU grant on March 15, 2023 vesting in three substantially equal annual installments (59,191 shares per installment).
• Shares owned after the transaction: not specified in the provided Form 4 details.

Context

• This was a scheduled RSU vesting event with shares converted and a routine tax-withholding disposition, not an open-market investment decision. For vested RSUs, withholding by surrendering shares (or selling shares to cover taxes) is common and does not necessarily signal a change in insider sentiment.