STOCK TITAN

Claros Mortgage Trust (CMTG) exec settles RSU taxes in stock

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

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.

Positive

  • None.

Negative

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Insider Garg Priyanka
Role SEE REMARKS
Type Security Shares Price Value
Tax Withholding Common Stock 76,548 $2.25 $172K
Holdings After Transaction: Common Stock — 562,718 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 76,548 shares Tax-withholding disposition of Common Stock on vested RSUs
Withholding price $2.25 per share Value applied to 76,548 withheld shares
Shares held after transaction 562,718 shares Common Stock directly owned following Form 4 event
Transaction code F Payment of tax liability by delivering securities
Restricted Stock Units financial
"Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations."
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.
tax withholding obligations financial
"Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations."
net settlement financial
"Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations."
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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
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*
Garg Priyanka

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SEE REMARKS
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
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
Common Stock05/21/2026F(1)76,548D$2.25562,718D
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
Explanation of Responses:
1. Represents net settlement of vested Restricted Stock Units in order to satisfy tax withholding obligations.
Remarks:
Executive Vice President - Portfolio and Asset Management
/s/ Jeffrey D. Siegel, Attorney-in-Fact for Priyanka Garg05/26/2026
** 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 did Priyanka Garg report in the latest Claros Mortgage Trust (CMTG) Form 4?

Priyanka Garg reported a tax-related share disposition. 76,548 Common Stock shares were withheld at $2.25 per share to satisfy tax obligations on vested Restricted Stock Units, leaving her with 562,718 shares directly held after the transaction.

Was the Claros Mortgage Trust (CMTG) Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. It was a tax-withholding disposition, where 76,548 shares were withheld to cover taxes due on vested Restricted Stock Units, according to the filing’s footnote disclosure.

How many Claros Mortgage Trust (CMTG) shares does Priyanka Garg hold after this Form 4 event?

After the tax-withholding transaction, Priyanka Garg directly holds 562,718 shares of Claros Mortgage Trust Common Stock. This figure reflects her position following the net settlement of vested Restricted Stock Units to satisfy related tax obligations.

What price per share was used for the tax withholding in the Claros Mortgage Trust (CMTG) Form 4?

The filing reports a transaction price of $2.25 per share. This price was applied to the 76,548 Common Stock shares withheld to settle tax liabilities arising from the vesting of Restricted Stock Units held by Priyanka Garg.

What does ‘net settlement of vested Restricted Stock Units’ mean in the CMTG Form 4?

Net settlement means some shares from vested Restricted Stock Units are withheld rather than delivered. In this case, 76,548 shares of Common Stock were retained by the issuer to cover tax withholding obligations, instead of Garg receiving all vested shares.