Director defers fees into DSUs at Claros Mortgage Trust (CMTG)
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
Deferred Stock Units granted: 9,580 units
DSUs held after transaction: 94,214 units
Transaction price per DSU: $0.0000 per unit
+1 more
4 metrics
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
Key Terms
Deferred Stock Units, Deferred Compensation Plan, deferral period, fully vested
4 terms
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"
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.