Shlimak Anna 4

What Happened

• Anna Shlimak, Chief Financial Officer of Cronos Group Inc. (CRON), had 45,226 restricted stock units (RSUs) convert to common shares on March 15, 2026. Of those, 16,354 shares were withheld to cover tax withholding at $2.50 per share (total value withheld $40,885), resulting in a net delivery of 28,872 common shares to her.
• The filing shows the RSU conversion as exercise/conversion of a derivative (code M) and the share withholding as a payment of tax liability (code F). This is a routine vesting and tax-withholding event, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-15; Form filed: 2026-03-17 (timely filing).
• Converted: 45,226 RSUs -> 45,226 common shares (reported as M, $0.00 exercise price).
• Withheld for taxes: 16,354 shares at $2.50 = $40,885 (reported as F).
• Net shares delivered to insider: 28,872 (45,226 − 16,354).
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnotes: F1 — each RSU represents a contingent right to one common share; F2 — these RSUs were from a March 15, 2023 grant of 135,678 RSUs vesting in three roughly equal annual installments.
• Nature: Routine RSU vesting with tax withholding (not a market sale; withholding is common).

Context

• This was essentially a cashless/tax-withholding settlement of RSUs: the derivative (RSU) converted into shares and a portion was withheld to satisfy tax obligations. Such withholdings are standard and do not necessarily indicate a view on the company's stock.
• No 10% owner or 10b5-1 plan is indicated; this is an executive (CFO) vesting event.