Creative Media & Community Trust (CMCT) director’s 86-share award canceled for cash
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Creative Media & Community Trust Corp director Marcie L. Edwards disposed of 86 shares of common stock back to the company on June 22, 2026. The transaction is classified as a disposition to the issuer at no stated share price and relates to restricted share awards granted in 2025.
According to the board decision, those restricted share awards were terminated and cancelled in exchange for cash consideration, making this a compensation-related adjustment rather than an open-market trade. Following the cancellation, Edwards directly holds 2 shares of Creative Media & Community Trust Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Edwards Marcie L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 86 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares disposed: 86 shares
Shares held after transaction: 2 shares
Dispose transactions: 1 transaction
3 metrics
Shares disposed
86 shares
Disposition to issuer on June 22, 2026
Shares held after transaction
2 shares
Direct ownership by Marcie L. Edwards post-transaction
Dispose transactions
1 transaction
Non-derivative disposition reported in transaction summary
Key Terms
Disposition to issuer, restricted share awards, cash consideration
3 terms
Disposition to issuer financial
"The transaction is classified as a disposition to the issuer at no stated share price"
cash consideration financial
"were subsequently terminated and cancelled by the issuer's board of directors for cash consideration on June 22, 2026"
Cash consideration is the actual money paid to buy a company, asset, or stake rather than payment in shares or other forms. For investors it matters because cash payments deliver immediate, certain value and affect the buyer’s and seller’s cash reserves and balance sheets—like selling a car for cash versus taking a trade-in, one side gets instant spending power while the other changes its liquidity and risk profile.
FAQ
What insider transaction did CMCT director Marcie L. Edwards report on this Form 4?
Marcie L. Edwards reported disposing of 86 shares of CMCT common stock back to the issuer. The shares were restricted awards cancelled by the board in exchange for cash consideration on June 22, 2026, rather than an open-market sale.
What does the footnote in Marcie L. Edwards’ CMCT Form 4 explain?
The footnote explains that restricted share awards granted in 2025 and previously reported on a September 11, 2025 Form 4 were later terminated and cancelled by CMCT’s board on June 22, 2026, in exchange for cash consideration, clarifying the nature of the disposition.
Does this CMCT Form 4 filing indicate any remaining derivative or option positions for the director?
The filing does not show any remaining derivative or option positions for the director. The derivative section is empty, and the reported non-derivative transaction leaves Marcie L. Edwards with direct ownership of 2 CMCT common shares after the restricted awards cancellation.