Shlimak Anna 4

What Happened
Anna Shlimak, Chief Financial Officer of Cronos Group Inc. (CRON), had a scheduled conversion/vesting of 45,680 restricted stock units (RSUs) on March 8, 2026 and immediately had 18,943 shares withheld to cover tax withholding (valued at $48,684). The filing also shows two new RSU grants on March 9, 2026 totaling 189,593 RSUs (166,459 + 23,134), each granted at $0 and vesting in three substantially equal annual installments beginning one year after the grant date. The withholding for taxes is a routine disposition rather than an open‑market sale.

Key Details

• Transaction dates: March 8, 2026 (RSU conversion and tax withholding); March 9, 2026 (new RSU grants).
• Conversion/vesting: 45,680 RSUs converted to common shares @ $0 (derivative conversion).
• Tax withholding: 18,943 shares disposed @ $2.57 per share = $48,684 (to satisfy tax liability).
• New grants: 166,459 RSUs and 23,134 RSUs granted on March 9, 2026 @ $0 (each vests in three equal annual installments beginning on the first anniversary).
• Footnotes: F1 clarifies each RSU equals a contingent right to one common share; F2–F4 describe the prior 2024 grant (137,055 RSUs vesting over three years) and the two 2026 grants.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Timeliness: Report filed March 10, 2026 for transactions on March 8–9, 2026 (appears timely).

Context
RSU conversions and subsequent share withholding to cover taxes are common executive compensation events and are generally routine administrative transactions rather than directional purchases or sales. The March 8 activity looks like the vesting/settlement of previously granted RSUs (likely related to the March 8, 2024 grant that vests annually), while the March 9 entries are new RSU awards that will vest over the next three years. These types of awards expand potential future insider ownership but do not represent an open‑market buy or sell by the insider.