STOCK TITAN

Director defers fees into DSUs at Claros Mortgage Trust (CMTG)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Claros Mortgage Trust director Vincent Tese received 9,580 Deferred Stock Units (DSUs) as a compensation-related award. These units represent director cash fees that he chose to defer under the company’s Deferred Compensation Plan.

The DSUs are fully vested, convert into common stock on a one-for-one basis or, at the company’s election, into cash after a defined deferral period, and have no expiration date. Following this grant, Tese holds 94,214 DSUs directly.

Positive

  • None.

Negative

  • None.
Insider TESE VINCENT
Role null
Type Security Shares Price Value
Grant/Award DEFERRED STOCK UNITS 9,580 $0.00 --
Holdings After Transaction: DEFERRED STOCK UNITS — 94,214 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Deferred Stock Units granted 9,580 units Director award on 2026-06-03
DSUs held after transaction 94,214 units Total direct holdings after grant
Transaction price per DSU $0.0000 per unit Reported grant price
Underlying common stock 9,580 shares Common stock underlying new DSUs
Deferred Stock Units financial
"Reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of common stock on a one-for-one basis"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Deferred Compensation Plan financial
"fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP")"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
deferral period financial
"convert into shares of common stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP"
fully vested financial
"The DSUs are fully vested and convert into shares of common stock"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
TESE VINCENT

(Last)(First)(Middle)
C/O MACK REAL ESTATE CREDIT STRATEGIES
60 COLUMBUS CIRCLE, 20TH FLOOR

(Street)
NEW YORK NEW YORK 10023

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Claros Mortgage Trust, Inc. [ CMTG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
DEFERRED STOCK UNITS(1)(1)06/03/2026A9,580 (1) (1)COMMON STOCK9,580$094,214D
Explanation of Responses:
1. Represents director cash fees that have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested and convert into shares of common stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.
/s/ Jeffrey D. Siegel, Attorney-in-Fact for Vincent Tese06/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Claros Mortgage Trust (CMTG) report for Vincent Tese?

Claros Mortgage Trust reported that director Vincent Tese acquired 9,580 Deferred Stock Units as part of his director compensation. These units stem from cash fees he deferred into stock-based units under the company’s Deferred Compensation Plan.

How many Deferred Stock Units does Vincent Tese hold after this CMTG Form 4 filing?

After this transaction, Vincent Tese holds 94,214 Deferred Stock Units directly. This total reflects the newly granted 9,580 units added to his prior DSU balance, as disclosed in the Form 4 insider ownership table.

What are Deferred Stock Units (DSUs) at Claros Mortgage Trust (CMTG)?

Deferred Stock Units at Claros Mortgage Trust are fully vested units credited instead of cash fees. Each DSU converts into one share of common stock, or at the company’s election into cash, after a specified deferral period under the Deferred Compensation Plan.

Is the CMTG Form 4 transaction an open-market buy or a compensation grant?

The CMTG Form 4 shows a compensation grant, not an open-market purchase. The 9,580 Deferred Stock Units were awarded in connection with director cash fees deferred under the company’s Deferred Compensation Plan, with a reported price per unit of $0.0000.

Do the Claros Mortgage Trust DSUs reported for Vincent Tese have an expiration date?

The Deferred Stock Units held by Vincent Tese have no expiration date. According to the filing footnote, these fully vested DSUs remain outstanding until they convert into common stock or, at the issuer’s election, into cash after the deferral period.