Shlimak Anna 4

What Happened

• Anna Shlimak, Chief Financial Officer of Cronos Group Inc. (CRON), had 47,368 restricted stock units (RSUs) convert to common shares on March 12, 2026. The filing shows an acquisition of 47,368 shares at $0.00 (conversion of derivative).
• To cover tax withholding on the vesting, 17,230 shares were withheld/disposed at $2.56 per share, generating $44,109. The filing also includes the standard derivative settlement reporting entries for the RSU conversion.

Key Details

• Transaction date: March 12, 2026; Form 4 filed March 16, 2026 (appears timely — within the usual 2-business-day window).
• Reported trades:
  • Conversion/acquisition: 47,368 shares @ $0.00 (code M — exercise/conversion of derivative).
  • Tax withholding/disposition: 17,230 shares @ $2.56 = $44,109 (code F — payment of exercise price or tax liability).
  • A corresponding derivative disposition entry for 47,368 shares is included (standard RSU settlement reporting).
• Shares owned after the transaction: Not specified in the filing.
• Footnotes: F1 clarifies each RSU represents a right to one common share; F2 notes Shlimak was granted 142,105 RSUs on March 12, 2025 vesting in three substantially equal annual installments — this tranche (~47,368) is consistent with the first annual vesting.

Context

• This was a vesting/settlement event, not an open-market buy or voluntary sale. The withholding of 17,230 shares is a common, automatic tax-withholding action (cashless settlement) when RSUs vest and do not necessarily indicate buying/selling sentiment by the insider.
• The transaction codes: M = conversion/exercise of a derivative (RSU settlement here); F = shares withheld/issued to satisfy tax obligations.