Large RSU award boosts Claros Mortgage Trust (CMTG) CFO share stake

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.

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

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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^*

McGillis Mike

(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
X	Officer (give title below)		Other (specify below)
	PRESIDENT AND CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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
Common Stock	03/20/2026		A		167,163	A	$0(1)	770,170	D

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

Explanation of Responses:

1. 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.

	/s/ Jeffrey D. Siegel, Attorney-in-Fact for Mike McGillis	03/24/2026
	** 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 Mike McGillis?

Claros Mortgage Trust reported a stock-based compensation grant to Mike McGillis. He received 167,163 restricted stock units that convert one-for-one into Common Stock as they vest, increasing his direct holdings to 770,170 shares after the transaction.

How many restricted stock units did CMTG grant to its President and CFO?

The company granted 167,163 restricted stock units to President and CFO Mike McGillis. These RSUs represent a form of equity compensation and will settle into an equal number of Common Stock shares when they vest under the award schedule.

What is the vesting schedule for Mike McGillis’s new CMTG restricted stock units?

The restricted stock units vest in three equal installments. Vesting starts on April 1, 2027 and continues on each of the next two anniversaries, subject to McGillis’s continued employment or service as specified in the award agreement.

Does the RSU grant to CMTG’s President and CFO involve a cash purchase?

No, the RSU grant does not involve a cash purchase by Mike McGillis. The Form 4 shows a grant or award acquisition with a per-share price of 0.0000, indicating stock-based compensation rather than an open-market share purchase.

How did the RSU grant affect Mike McGillis’s CMTG share holdings?

After the RSU grant, Mike McGillis directly holds 770,170 CMTG shares. The 167,163 restricted stock units, once vested and settled, add to his equity position, aligning his compensation more closely with shareholder outcomes over the vesting period.

What does a Form 4 code "A" mean in the CMTG insider filing?

In this filing, code "A" indicates a grant, award, or other acquisition. For Claros Mortgage Trust, it reflects the award of 167,163 restricted stock units to Mike McGillis as equity compensation rather than a market transaction to buy or sell shares.