Claros Mortgage Trust (CMTG) grants 217,279 RSUs to executive Priyanka Garg
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Claros Mortgage Trust, Inc. reported that executive officer Priyanka Garg received a grant of 217,279 restricted stock units (RSUs) of Common Stock as compensation. These RSUs convert into shares on a one-for-one basis and vest in three equal installments starting on April 1, 2027, then on each of the next two anniversaries, subject to continued employment or service under the award terms. Following this grant, Garg directly holds 639,266 shares of Common Stock, reflecting a larger equity-based stake aligned with long-term company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Garg Priyanka
Role
SEE REMARKS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 217,279 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 639,266 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Claros Mortgage Trust (CMTG) report for Priyanka Garg?
Claros Mortgage Trust reported that executive officer Priyanka Garg received a grant of 217,279 restricted stock units of Common Stock. These RSUs are a compensation award that increases her equity-based interest in the company, subject to future vesting conditions.
How do the new RSUs for CMTG’s Priyanka Garg vest over time?
The 217,279 RSUs granted to Priyanka Garg vest in three equal installments starting on April 1, 2027. Additional installments occur on each of the next two anniversaries, contingent on her continued employment or service under the award agreement.
What does one-for-one RSU vesting mean for Claros Mortgage Trust (CMTG)?
Each RSU granted to Priyanka Garg converts into one share of Common Stock when vested. This one-for-one structure directly links the value of the award to Claros Mortgage Trust’s share price over time, aligning compensation with shareholder outcomes.