Wagner Adam 4

What Happened

• Adam Wagner, Senior Vice President and General Manager of Cronos Israel, converted 15,715 restricted stock units (RSUs) into 15,715 common shares on March 12, 2026 (reported as derivative exercise/conversion, transaction code M). The filing also shows a simultaneous disposition of 15,715 derivative shares. Both transactions reported a $0.00 price (no cash amount reported).

Key Details

• Transaction date: March 12, 2026; Filing date: March 16, 2026 (filed within normal Form 4 timing).
• Acquired: 15,715 shares via conversion of RSUs at $0.00.
• Disposed: 15,715 derivative shares at $0.00.
• Shares owned after transaction: Not specified in the provided excerpt of this filing.
• Footnotes: F1 clarifies each RSU represents a contingent right to one common share. F2 notes these RSUs were originally granted on March 12, 2025 (47,144 RSUs total) and vest in three substantially equal annual installments beginning March 12, 2026.
• Transaction code: M (exercise/conversion of a derivative).

Context

• This was not an open-market purchase or sale by the insider; it reflects conversion/settlement of RSUs and an immediate disposition of the same number of derivative shares. The $0.00 amounts reported indicate no cash exchanged on the Form 4 for these line items as presented. Changes like this are typically administrative (vesting/conversion and settlement) rather than a market-direction trade.