Form 4: Cronos Group CFO James Holm Reports Share Transactions
SEC Form 4 Filing
Chief Financial Officer of Cronos Group Inc., James Holm, reports the vesting and disposal of restricted stock units and common shares.
Summary
- James Holm, the Chief Financial Officer of Cronos Group Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 15, 2025, Holm vested 96,724 restricted stock units (RSUs) which converted into common shares.
- Holm also disposed of 26,937 common shares at a price of $1.89 per share to cover tax obligations.
- Following these transactions, Holm directly owns 203,387 common shares and 308,169 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing transactions, with no inherent positive or negative sentiment.
Industry Context
This filing reflects routine transactions related to executive compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares outstanding.
Key Dates
| Date | Description |
|---|---|
| 03/15/2023 | Reporting person was granted 290,201 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. |
| 03/15/2025 | Vesting of 96,724 Restricted Stock Units and disposal of 26,937 common shares. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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