CIM Group officer exercises RSUs into common stock
CIM Group, Inc. officer David Andrew Thompson reported equity compensation activity rather than open-market trading.
Rhea-AI Filing Summary
CIM Group, Inc. officer David Andrew Thompson reported equity compensation activity rather than open-market trading. On June 30, 2026, he acquired 6,634.832 shares of common stock through the vesting of 13,269.670 restricted stock units granted under the 2024 Manager Equity Incentive Plan, with each unit settling 50% in stock and 50% in cash value.
Following these transactions, he directly holds 19,884.211 common shares and 65,960.170 restricted stock units. The remaining units will vest in stages, including portions vesting on June 30, 2027 and additional awards vesting on various dates from December 15, 2026 through April 15, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,269.67 shares exercised/converted
Exercise
2 txns
Insider
Thompson David Andrew
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,269.67 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,634.832 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 65,960.17 contracts (Direct);
Common Stock — 19,884.211 shares (Direct)
Footnotes (3)
- F1. On June 30, 2026, the reporting person acquired 6,634.835 shares of the Issuer's common stock in connection with the vesting of 13,269.670 of the restricted stock units originally granted to CIM Real Estate Finance Management, LLC and assigned to the reporting person on a contingent basis on December 10, 2024, March 20, 2026 and March 31, 2026 as an award under the Issuer's 2024 Manager Equity Incentive Plan. Each vested restricted stock unit was settled 50% in the Issuer's common stock and 50% in the cash value thereof. The remaining 13,269.670 restricted stock units originally granted to CIM Real Estate Finance Management, LLC and assigned to the reporting person on a contingent basis on December 10, 2024, March 20, 2026 and March 31, 2026 will vest on June 30, 2027.
- F2. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, payable 50% in the Issuer's common stock and 50% in the cash value thereof.
- F3. Represents (i) the 30,433.66 restricted stock units originally granted to the reporting person on June 24, 2026 as an award under the issuer's 2024 Manager Equity Incentive Plan, which will vest in three equal annual installments beginning on April 15, 2027, (ii) the remaining 13,269.67 restricted stock units described in footnote 1, and (iii) the remaining 22,256.84 restricted stock units originally granted to CIM Real Estate Finance Management, LLC under the issuer's 2024 Manager Equity Incentive Plan and assigned to the reporting person on a contingent basis on various dates from March 15, 2024 to March 31, 2026, which will vest on various dates ranging from December 15, 2026 through April 15, 2028.
Key Figures
Common shares acquired: 6,634.832 shares
RSUs vested: 13,269.670 units
Common shares after transaction: 19,884.211 shares
+3 more
6 metrics
Common shares acquired
6,634.832 shares
Common stock received on June 30, 2026 from RSU vesting
RSUs vested
13,269.670 units
Restricted stock units vesting on June 30, 2026
Common shares after transaction
19,884.211 shares
Direct common stock holdings following June 30, 2026 event
RSUs outstanding after transaction
65,960.170 units
Restricted stock units remaining after June 30, 2026 vesting
New RSU grant
30,433.66 units
RSUs granted June 24, 2026, vesting in three annual installments
Additional remaining RSUs
22,256.84 units
RSUs assigned on a contingent basis vesting from Dec 15, 2026 to Apr 15, 2028
Key Terms
restricted stock units, 2024 Manager Equity Incentive Plan, contingent right, cash value
4 terms
restricted stock units financial
"On June 30, 2026, the reporting person acquired 6,634.835 shares of the Issuer's common stock in connection with the vesting of 13,269.670 of the restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2024 Manager Equity Incentive Plan financial
"as an award under the Issuer's 2024 Manager Equity Incentive Plan"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock"
cash value financial
"payable 50% in the Issuer's common stock and 50% in the cash value thereof"
Cash value is the amount of money you could get right away if an asset or contract were converted to cash or surrendered, after any fees or penalties. Think of it like the cash you could pull out of a savings jar when you need it; for investors it signals how much immediate liquidity or recoverable worth exists in an investment, insurance policy, or balance-sheet item.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CMRF officer David Andrew Thompson report?
He reported an equity award vesting, not a market trade. On June 30, 2026, 13,269.670 restricted stock units vested, delivering 6,634.832 CIM Group common shares and an equivalent cash value portion, as part of his compensation under the 2024 Manager Equity Incentive Plan.
What happened to David Andrew Thompson’s restricted stock units in this CMRF filing?
13,269.670 restricted stock units vested on June 30, 2026. Each vested unit represented a right to receive one share of CIM Group common stock, paid 50% in stock and 50% in cash, reducing outstanding units while increasing his direct share ownership and cash-based compensation.
How many restricted stock units does the CMRF officer still have outstanding?
He holds 65,960.170 restricted stock units after the vesting event. This total includes 30,433.66 units granted June 24, 2026 plus remaining tranches from earlier contingent assignments, scheduled to vest between December 15, 2026 and April 15, 2028 under the equity plan.
Is the CIM Group (CMRF) Form 4 a stock purchase or routine compensation?
The Form 4 reflects routine compensation vesting, not an open-market purchase. The code “M” and footnotes show an exercise or conversion of restricted stock units into shares and cash, consistent with the company’s 2024 Manager Equity Incentive Plan vesting schedule.
What equity plan is referenced in the CMRF insider transaction?
The transactions occur under the 2024 Manager Equity Incentive Plan. Restricted stock units were originally granted either directly to the officer or to CIM Real Estate Finance Management, LLC, then assigned on a contingent basis, with vesting spanning from December 2026 through April 2028.
AI-generated analysis. How Rhea-AI works. Not financial advice.
