Claros Mortgage Trust (CMTG) CFO Mike McGillis purchases 25,000 common shares
Rhea-AI Filing Summary
Claros Mortgage Trust, Inc. director and President/CFO Mike McGillis purchased 25,000 shares of common stock on August 6, 2026 in an open-market or private transaction at a weighted average price of $1.7092 per share, with individual trade prices ranging from $1.705 to $1.71. Following this purchase, McGillis directly owns 749,000 shares of Claros Mortgage Trust common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 25,000 shares
Net Buy
1 txn
Insider
McGillis Mike
Role
PRESIDENT AND CFO
Bought
25,000 shs ($43K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 25,000 | $1.7092 | $43K |
Holdings After Transaction:
Common Stock — 749,000 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.705 to $1.71 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
Key Figures
Shares purchased: 25,000 shares
Weighted average purchase price: $1.7092 per share
Price range of trades: $1.705 to $1.71 per share
+1 more
4 metrics
Shares purchased
25,000 shares
Common stock purchased on August 6, 2026
Weighted average purchase price
$1.7092 per share
Open-market or private purchase of common stock
Price range of trades
$1.705 to $1.71 per share
Multiple transactions aggregated into weighted average price
Post-transaction holdings
749,000 shares
Direct ownership of Claros Mortgage Trust common stock after purchase
Key Terms
weighted average price, open market or private transaction, direct ownership
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction code description Purchase in open market or private transaction"
direct ownership financial
"total_shares_following_transaction 749000.0000 and ownership_type direct"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Claros Mortgage Trust (CMTG) report for Mike McGillis?
Claros Mortgage Trust reported that Mike McGillis, its President, CFO and director, purchased 25,000 common shares on August 6, 2026 in an open-market or private transaction.
Was the Claros Mortgage Trust (CMTG) insider trade under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed, and the footnotes do not describe the transaction as executed under a Rule 10b5-1 trading plan.
What does the price range in the Claros Mortgage Trust (CMTG) Form 4 footnote mean?
The footnote explains that the reported $1.7092 price is a weighted average; the 25,000 shares were bought in multiple trades at prices ranging from $1.705 to $1.71 per share.