Claros Mortgage director granted 53,418 deferred units
Claros Mortgage Trust director Denise Olsen received a compensation grant of deferred stock units.
Rhea-AI Filing Summary
Claros Mortgage Trust director Denise Olsen received a compensation grant of deferred stock units. On the grant date, she was awarded 53,418 deferred stock units tied to the company’s common stock at a stated price of $0.00 per unit.
The award represents her annual director grant of restricted stock units, which she deferred under the company’s Deferred Compensation Plan. These units vest on the earlier of the first anniversary of the grant date or the next annual meeting, assuming she continues serving on the board, and then convert one-for-one into common shares or, at the company’s election, into cash.
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Insider Trade Summary
Grant/Award: 53,418 shares
Grant/Award
1 txn
Insider
Olsen Denise
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | DEFERRED STOCK UNITS | 53,418 | $0.00 | $0.00 |
Holdings After Transaction:
DEFERRED STOCK UNITS — 53,418 contracts (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Deferred stock units granted: 53,418 units
Grant price per unit: $0.00
Deferred units held after grant: 53,418 units
+1 more
4 metrics
Deferred stock units granted
53,418 units
Annual director grant on transaction date
Grant price per unit
$0.00
Stated transaction price for deferred stock units
Deferred units held after grant
53,418 units
Total deferred stock units following transaction
Underlying common shares
53,418 shares
Common stock issuable one-for-one upon conversion
Key Terms
Deferred Stock Units, Deferred Compensation Plan, restricted stock units, vest
4 terms
Deferred Stock Units financial
"thus are reported as Deferred Stock Units ("DSUs"). The DSUs vest"
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
"have been 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.
vest financial
"The DSUs vest on the earlier to occur of (i) the first anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Claros Mortgage Trust (CMTG) disclose for Denise Olsen?
Claros Mortgage Trust reported that director Denise Olsen received 53,418 deferred stock units as an annual director equity grant. The units were awarded at a stated price of $0.00 and are structured as compensation, not as an open-market stock purchase or sale.
How many Claros Mortgage Trust (CMTG) deferred stock units did Denise Olsen receive?
Denise Olsen received 53,418 deferred stock units linked to Claros Mortgage Trust common stock. These represent her annual director equity grant and will vest based on her continued service on the board through either the first anniversary of the grant or the next annual meeting.
Is Denise Olsen’s Claros Mortgage Trust (CMTG) Form 4 transaction a stock purchase or sale?
The Form 4 shows a grant of deferred stock units as compensation, not a market purchase or sale. The transaction is coded as an acquisition (A) of 53,418 units, awarded at $0.00, under the company’s director compensation and deferred compensation arrangements.
When do Denise Olsen’s Claros Mortgage Trust (CMTG) deferred stock units vest?
The deferred stock units vest on the earlier of the first anniversary of the grant date or the next annual meeting. Vesting is contingent on Denise Olsen’s continued service with the company through that date, according to the terms described in the deferred compensation plan.
How are Denise Olsen’s Claros Mortgage Trust (CMTG) deferred stock units settled after vesting?
Once vested and after the applicable deferral period, each deferred stock unit converts into one share of Claros Mortgage Trust common stock, or, at the issuer’s election, into an equivalent cash amount. The footnote also indicates that these deferred units have no expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
