Doucet Terrence Gregory Joseph 4

What Happened Terrence Doucet, General Counsel and Corporate Secretary of Cronos Group Inc. (CRON), converted (exercised) 23,897 restricted stock units (RSUs) into common shares on March 15, 2026. To cover tax withholding, 12,276 of those shares were surrendered/withheld at a reported price of C$3.44 per share, totaling C$42,229. The filings show the RSU conversion at $0.00 (typical for vested RSUs representing previously granted awards).

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (timely filing).
• Converted/exercised: 23,897 RSUs → 23,897 common shares (reported at $0.00).
• Tax withholding / disposition: 12,276 shares withheld/disposed @ C$3.44 = C$42,229 (price reported in Canadian dollars per filing).
• Footnotes: F1 = each RSU = right to one common share; F2 = prices in CAD; F3 = these RSUs stem from a March 15, 2023 grant of 71,691 RSUs vesting in three annual installments.
• Shares owned after transaction: not specified in the provided excerpt of the filing.

Context This was a routine RSU vesting/event conversion with a portion of shares surrendered to satisfy tax obligations (a form of cashless settlement). Such withholding transactions are common and generally reflect tax mechanics rather than a directional trade signal by the insider.