Cronos Group Inc.·4

May 14, 4:58 PM ET

Wagner Adam 4

4 · Cronos Group Inc. · Filed May 14, 2026

Research Summary

AI-generated summary of this filing

Updated

Cronos (CRON) General Manager Adam Wagner Converts 10,367 RSUs

What Happened

  • Adam Wagner, General Manager, Cronos Israel, reported the conversion/exercise of 10,367 RSUs into common shares of Cronos Group Inc. on May 12, 2026 (transaction code M) at an effective price of $0.00. The filing also shows a same-day disposition of 10,367 shares at $0.00 (reported as a derivative disposition).
  • This transaction reflects vesting and settlement activity rather than an open‑market purchase or sale for cash; no cash value was reported for the acquired or disposed shares.

Key Details

  • Transaction date(s) and prices: May 12, 2026 — 10,367 shares acquired @ $0.00 (conversion/exercise); 10,367 shares disposed @ $0.00 (derivative disposition).
  • Shares owned after transaction: Not disclosed in the Form 4 filing.
  • Notable footnotes: F1 clarifies each RSU equals a contingent right to one common share. F2 states Wagner was granted 31,102 RSUs on May 12, 2025, vesting in three roughly equal annual installments (10,367 shares per installment).
  • Filing timeliness: Report filed May 14, 2026 for a May 12, 2026 transaction (within the standard two-business-day window).

Context

  • Code M indicates an exercise or conversion of a derivative (here, RSUs converting into common shares). The identical same-day disposition at $0.00 is consistent with a net settlement or shares being surrendered (often to satisfy taxes or company withholding), although the Form 4 does not specify the reason.
  • These movements appear administrative (vesting/settlement) rather than a market purchase or sale that would signal a trading view.

Insider Transaction Report

Form 4
Period: 2026-05-12
Wagner Adam
See remarks
Transactions
  • Exercise/Conversion

    COMMON SHARES

    [F1]
    2026-05-12+10,367103,987 total
  • Exercise/Conversion

    RESTRICTED STOCK UNITS

    [F1][F2]
    2026-05-1210,367155,269 total
    COMMON SHARES (10,367 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 12, 2025, the reporting person was granted 31,102 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
Signature
/s/ Aaron Werner, as attorney-in-fact for Adam Wagner|2026-05-13

Documents

1 file
  • 4
    wk-form4_1778792280.xmlPrimary

    FORM 4