Kenost Jared Matthew 4

What Happened

• Jared Kenost, Vice President, Controller of Cronos Group Inc. (CRON), had 9,412 restricted stock units (RSUs) convert/vest into common shares on 2026-05-12. Of those, 3,701 shares were surrendered/withheld to cover tax withholding at $2.75/share (totaling $10,178). The net new shares delivered to Kenost were 5,711 (9,412 vested − 3,701 withheld).
• The filing also reports a prior grant of 30,000 RSUs (granted March 12, 2026) that vest in three substantially equal installments beginning on the first anniversary of the grant date.

Key Details

• Transaction date: 2026-05-12.
• Vested/converted: 9,412 RSUs → 9,412 common shares (reported as derivative conversion/exercise).
• Tax withholding: 3,701 shares disposed at $2.75/share = $10,178 (reported as withholding to cover taxes).
• Net shares received on vesting: 5,711 shares.
• Grants noted: 30,000 RSUs granted 2026-03-12 (vesting in 3 installments); 28,238 RSUs granted 2025-03-12 (vested in thirds; one-third ≈ 9,412).
• Shares owned after the transaction: not specified in the provided filing details.
• Filing timeliness: no late filing flag indicated in the provided data.

Context

• These transactions are RSU vesting/conversion events and a related tax-withholding share surrender — not open-market purchases or discretionary sales. RSUs are awards that convert to shares when they vest (F1). The 30,000 RSU grant is an award that vests over time (F2); the 28,238 RSU grant from 2025 vests in three installments (F3), which explains the ~9,412-share vesting amount.
• For retail investors: awards and standard tax withholdings are routine for employee compensation and do not by themselves indicate buying or selling sentiment.