Buggy Shannon 4

What Happened

• Buggy Shannon, Senior Vice President & Global Head of People at Cronos Group Inc. (CRON), had 20,938 restricted stock units (RSUs) convert to common shares on March 15, 2026. The RSU conversion is reported as an acquisition at $0.00 per share.
• To satisfy tax withholding, 9,202 of those shares were surrendered at an effective withholding value of $2.50 per share (total ~$23,005). After withholding, Shannon retained a net 11,736 shares. This is a routine RSU vesting and tax-withholding event rather than an open-market purchase or sale.

Key Details

• Transaction date: March 15, 2026; filing date: March 17, 2026 (timely filing).
• Acquired: 20,938 shares via RSU conversion (reported at $0.00 per share).
• Disposed for tax withholding: 9,202 shares @ $2.50 = $23,005.
• Net new shares retained: 11,736.
• Footnotes: F1 — each RSU converts to one common share; F2 — the RSUs were part of a grant of 62,814 RSUs on March 15, 2023 vesting in three annual installments.
• Transaction codes: M = conversion/exercise of a derivative (RSU conversion); F = payment of tax liability via share withholding.
• Shares owned after the transaction: not specified in the filing.

Context

• This was a standard RSU vesting with shares withheld to cover taxes (a cashless tax withholding), not an opportunistic market sale or purchase. Such withholding is routine and does not by itself indicate the insider’s market view.