Claros Mortgage Trust (NYSE: CMTG) grants 111,800 RSUs to officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Siegel Jeffrey D reported acquisition or exercise transactions in this Form 4 filing.
Claros Mortgage Trust, Inc. reported that officer Jeffrey D. Siegel received a grant of 111,800 restricted stock units of Common Stock as equity compensation. The RSUs vest in three equal installments starting on April 1, 2027 and on each of the next two anniversaries, subject to continued service. Following this award, Siegel holds 344,474.774 Common Stock shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Siegel Jeffrey D
Role
SEE REMARKS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 111,800 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 344,474.774 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Claros Mortgage Trust (CMTG) report for Jeffrey D. Siegel?
Claros Mortgage Trust reported that officer Jeffrey D. Siegel received a grant of 111,800 restricted stock units of Common Stock. This is a compensation-related equity award rather than an open-market stock purchase or sale.
How many restricted stock units were granted to the Claros Mortgage Trust (CMTG) officer?
Jeffrey D. Siegel was granted 111,800 restricted stock units of Claros Mortgage Trust Common Stock. Each unit will convert into one share of Common Stock if vesting conditions tied to continued employment or service are satisfied.
What is the vesting schedule for the 111,800 RSUs at Claros Mortgage Trust (CMTG)?
The 111,800 RSUs vest in three equal installments beginning April 1, 2027. Additional equal tranches vest on each of the next two anniversaries, provided Siegel continues in employment or service under the terms of the award agreement.
Did Jeffrey D. Siegel pay a purchase price for the Claros Mortgage Trust (CMTG) RSUs?
The reported transaction price per share is $0.0000, indicating this is a compensation grant of RSUs rather than a cash purchase. The units convert into Common Stock on a one-for-one basis as they vest over time.
Is the Claros Mortgage Trust (CMTG) Form 4 transaction an open-market trade?
No, the Form 4 describes a grant of restricted stock units as compensation, coded as a grant or award acquisition. It is not an open-market buy or sell, and vesting depends on continued employment or service conditions.