Claros Mortgage Trust exec shares withheld for taxes
Claros Mortgage Trust, Inc. reported that executive Priyanka Garg had 76,548 shares of Common Stock withheld at $2.25 per share to cover tax obligations on vested Restricted Stock Units.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Claros Mortgage Trust, Inc. reported that executive Priyanka Garg had 76,548 shares of Common Stock withheld at $2.25 per share to cover tax obligations on vested Restricted Stock Units. This net share settlement was not an open-market sale. After the transaction, Garg directly holds 562,718 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 76,548 | $2.25 | $172K |
Footnotes (1)
- F1. Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
net settlement financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Priyanka Garg report in the latest Claros Mortgage Trust (CMTG) Form 4?
Was the Claros Mortgage Trust (CMTG) Form 4 transaction an open-market sale?
What does ‘net settlement of vested Restricted Stock Units’ mean in the CMTG Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.