Cousins Properties (CUZ) director granted shares in lieu of cash fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COUSINS PROPERTIES INC director R. Dary Stone received stock grants as part of his board compensation, rather than buying shares on the open market. The Form 4 shows two acquisitions of common stock coded as grants or awards, tied to the 2026–2027 director annual retainer and director fees.
According to the footnotes, a portion of the 2026–2027 annual retainer was paid in stock under the company’s 2019 Omnibus Incentive Stock Plan, using the June 1, 2026 closing price to determine shares. Additional stock was issued for director fees in place of cash, valued at 95% of the closing price, in line with the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
STONE R DARY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,681 | $26.40 | $150K |
| Grant/Award | Common Stock | 4,186 | $25.08 | $105K |
Holdings After Transaction:
Common Stock — 94,337 shares (Direct, null)
Footnotes (1)
- Portion of the 2026-2027 director annual retainer was paid in stock under the Amended and Restated Cousins Properties Incorporated Omnibus 2019 Incentive Stock Plan (the "2019 Plan"). For the purpose of determining the number of shares granted, the value of the Corporation's common stock is equal to the closing price on June 1, 2026. Stock issued for director fees in place of cash compensation, valued at 95% of the closing price on the issuance date, in accordance with the 2019 Plan.
Key Figures
Stock grant 1: 4,186 shares at $25.08
Shares after grant 1: 98,523 shares
Stock grant 2: 5,681 shares at $26.40
+1 more
4 metrics
Stock grant 1
4,186 shares at $25.08
Common stock award on June 1, 2026 for director retainer
Shares after grant 1
98,523 shares
Total direct holdings reported following first June 1, 2026 grant
Stock grant 2
5,681 shares at $26.40
Common stock award on June 1, 2026 for director fees
Shares after grant 2
94,337 shares
Total direct holdings reported following second June 1, 2026 grant
Key Terms
Grant, award, or other acquisition, Omnibus 2019 Incentive Stock Plan, director annual retainer, valued at 95% of the closing price
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Omnibus 2019 Incentive Stock Plan financial
"paid in stock under the Amended and Restated Cousins Properties Incorporated Omnibus 2019 Incentive Stock Plan"
director annual retainer financial
"Portion of the 2026-2027 director annual retainer was paid in stock"
valued at 95% of the closing price financial
"Stock issued for director fees in place of cash compensation, valued at 95% of the closing price"
FAQ
What insider transaction did CUZ director R. Dary Stone report on this Form 4?
R. Dary Stone reported receiving common stock grants of Cousins Properties as board compensation. Two transactions on June 1, 2026 were coded as awards, reflecting shares issued instead of cash fees under the company’s 2019 Omnibus Incentive Stock Plan.
Were R. Dary Stone’s CUZ transactions open-market purchases or compensation grants?
The transactions were compensation grants, not open-market purchases. Each entry is coded “A” for grant, award, or other acquisition, and footnotes explain the shares were issued for the 2026–2027 director retainer and director fees under the 2019 Incentive Stock Plan.
What plan governed the CUZ stock grants reported by R. Dary Stone?
The stock grants were made under the Amended and Restated Cousins Properties Incorporated Omnibus 2019 Incentive Stock Plan. The plan allows director fees and retainers to be paid in shares, using the closing price or 95% of that price to calculate grant amounts.