Weigensberg Arye 4
4 · Cronos Group Inc. · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
Cronos (CRON) SVP Arye Weigensberg Converts 3,118 RSUs to Shares
What Happened Arye Weigensberg, Senior Vice President and Head of Research & Development at Cronos Group Inc. (CRON), had 3,118 restricted stock units (RSUs) convert into 3,118 common shares on May 10, 2026. The Form 4 reports an exercise/conversion (transaction code M) showing 3,118 shares acquired at $0.00 and 3,118 derivative units disposed at $0.00 — reflecting RSU vesting and conversion to common stock. No shares were sold for cash in this transaction.
Key Details
- Transaction date: May 10, 2026; Form 4 filed May 12, 2026 (filed within the typical 2-business-day window).
- Transaction type/code: Exercise/conversion of derivative (M).
- Shares involved: 3,118 shares acquired via conversion; price reported $0.00.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1—each RSU equals one Cronos common share; F2—these RSUs come from a May 10, 2024 grant of 9,355 RSUs vesting in three roughly equal annual installments (3,118 is one installment).
- Role: Reporting person is Senior VP, Head of Research & Development.
Context This was a routine RSU vesting/conversion, not an open‑market purchase or sale — $0.00 entries indicate conversion/settlement rather than a cash transaction. Such vesting events are common for executive compensation and do not by themselves indicate a bullish or bearish view. The filing does not show any immediate sale of the newly issued shares or tax-withholding disposition in this notice.
Insider Transaction Report
- Exercise/Conversion
COMMON SHARES
[F1]2026-05-10+3,118→ 211,555 total - Exercise/Conversion
RESTRICTED STOCK UNITS
[F1][F2]2026-05-10−3,118→ 154,419 total→ COMMON SHARES (3,118 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
- [F2]On May 10, 2024, the reporting person was granted 9,355 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.