Claros Mortgage Trust (CMTG) director receives 53,418 Deferred Stock Units as annual award

Rhea-AI Filing Summary

Claros Mortgage Trust director Derrick D. Cephas received a grant of 53,418 Deferred Stock Units. These units represent his annual director award of restricted stock units, which he elected to defer under the company’s Deferred Compensation Plan.

The Deferred Stock Units vest on the earlier of the first anniversary of the grant date or the next annual meeting, as long as he continues serving as a director. After the deferral period, each vested unit converts into one share of common stock, or, at the company’s election, into cash. Following this grant, Cephas holds 53,418 Deferred Stock Units directly, and the units have no expiration date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider CEPHAS DERRICK D

Role null

Type	Security	Shares	Price	Value
Grant/Award	DEFERRED STOCK UNITS	53,418	$0.00	--

Holdings After Transaction: DEFERRED STOCK UNITS — 53,418 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Deferred Stock Units granted: 53,418 units Price per Deferred Stock Unit: $0.0000 Underlying common shares: 53,418 shares +1 more

4 metrics

Deferred Stock Units granted 53,418 units Annual director grant on transaction date

Price per Deferred Stock Unit $0.0000 Equity compensation, not open-market purchase

Underlying common shares 53,418 shares One-for-one conversion from Deferred Stock Units

Total DSUs after grant 53,418 units Holdings following reported transaction

Key Terms

Deferred Stock Units, Deferred Compensation Plan, restricted stock units

3 terms

Deferred Stock Units financial

"Reported as Deferred Stock Units ("DSUs"). The DSUs vest on the earlier"

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

"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.

restricted stock units financial

"Represents annual director grant of restricted stock units, which have been deferred"

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.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

CEPHAS DERRICK D

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
DEFERRED STOCK UNITS(1)	(1)	06/03/2026		A		53,418		(1)	(1)	COMMON STOCK	53,418	$0	53,418	D

Explanation of Responses:

1. Represents annual director grant of restricted stock units, which 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 vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date. The Vested DSUs 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 Derrick D. Cephas	06/05/2026
	** Signature of Reporting Person	Date
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 Derrick D. Cephas?

Claros Mortgage Trust reported that director Derrick D. Cephas received 53,418 Deferred Stock Units as an annual director grant. These units are deferred restricted stock units tied to future vesting and eventual settlement in common stock or cash.

How many Deferred Stock Units did Derrick D. Cephas acquire in this CMTG Form 4?

Derrick D. Cephas acquired 53,418 Deferred Stock Units in this transaction. The grant price is listed as zero because it represents equity compensation, not an open-market purchase, and is part of his director compensation package.

When do Derrick D. Cephas’s Deferred Stock Units in Claros Mortgage Trust vest?

The Deferred Stock Units vest on the earlier of the first anniversary of the grant date or the next annual meeting. Vesting is conditioned on his continued service with Claros Mortgage Trust through that date as a director.

How are Claros Mortgage Trust Deferred Stock Units settled for Derrick D. Cephas?

After the deferral period under the Deferred Compensation Plan, each vested Deferred Stock Unit converts one-for-one into common stock, or, at the company’s election, into cash. This means settlement can be in shares or cash, as determined by the issuer.

Do Derrick D. Cephas’s Deferred Stock Units in CMTG have an expiration date?

The filing states that these Deferred Stock Units have no expiration date. They remain outstanding until they vest and are ultimately settled in either common stock or cash following the deferral period defined in the plan.

What is Derrick D. Cephas’s total Deferred Stock Unit position in Claros Mortgage Trust after this grant?

After this grant, Derrick D. Cephas directly holds 53,418 Deferred Stock Units. This figure reflects his total position in these derivative securities as reported in the Form 4 following the transaction.