Claros Mortgage Trust grants RSUs to its CFO
Claros Mortgage Trust, Inc. reported that President and CFO Mike McGillis received a grant of 167,163 shares of Common Stock in the form of restricted stock units.
Rhea-AI Filing Summary
Claros Mortgage Trust, Inc. reported that President and CFO Mike McGillis received a grant of 167,163 shares of Common Stock in the form of restricted stock units. These RSUs convert into common shares on a one-for-one basis as they vest.
The RSUs vest in three equal installments beginning on April 1, 2027 and on each of the next two anniversaries, subject to his continued employment or service under the award terms. Following this grant, McGillis directly holds 770,170 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 167,163 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents grant of restricted stock units ("RSUs"), which vest into shares of Common Stock on a one-for-one basis. The RSUs vest in three equal installments commencing on April 1, 2027 and continuing for each of the next two anniversaries thereafter, subject to continued employment or service as provided in the award agreement.
FAQ
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What insider transaction did Claros Mortgage Trust (CMTG) report for Mike McGillis?
How many restricted stock units did CMTG grant to its President and CFO?
What is the vesting schedule for Mike McGillis’s new CMTG restricted stock units?
Does the RSU grant to CMTG’s President and CFO involve a cash purchase?
What does a Form 4 code "A" mean in the CMTG insider filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.