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Director at Claros Mortgage Trust (CMTG) awarded 9,159 deferred stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Claros Mortgage Trust director Steven Leonard Richman received a grant of 9,159 Deferred Stock Units as compensation. These units represent director cash fees deferred under the company’s Deferred Compensation Plan, are fully vested, and convert one-for-one into common stock or, at the company’s election, into cash after the deferral period. Following this award, he holds 58,164 Deferred Stock Units directly, and the units have no expiration date.

Positive

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Insider Richman Steven Leonard
Role Director
Type Security Shares Price Value
Grant/Award DEFERRED STOCK UNITS 9,159 $0.00 --
Holdings After Transaction: DEFERRED STOCK UNITS — 58,164 shares (Direct)
Footnotes (1)
  1. [object Object]
Deferred Stock Units granted 9,159 units Award on April 1, 2026 as deferred director fees
Deferred Stock Units after transaction 58,164 units Director’s directly held DSUs following grant
Conversion ratio 1 DSU : 1 common share DSUs convert into common stock or cash after deferral period
Exercise price $0.00 per unit Deferred Stock Units granted with no exercise price
Deferred Stock Units financial
"reported as Deferred Stock Units ("DSUs"). The DSUs are fully vested"
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.
fully vested financial
"The DSUs are fully vested and convert into shares of common stock"
deferral period financial
"following the deferral period as defined in the DCP"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Richman Steven Leonard
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
DEFERRED STOCK UNITS(1)(1)04/01/2026A9,159 (1) (1)COMMON STOCK9,159$0.0058,164D
Explanation of Responses:
1. Represents director cash fees that 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 are fully vested and 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 Steven Leonard Richman04/03/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Claros Mortgage Trust (CMTG) report for Steven Leonard Richman?

Claros Mortgage Trust reported that director Steven Leonard Richman received 9,159 Deferred Stock Units as a compensation grant. These units stem from deferred director cash fees and are fully vested, increasing his directly held Deferred Stock Units to 58,164 after this transaction.

How many Deferred Stock Units does Steven Leonard Richman hold after the latest CMTG Form 4 filing?

After the reported transaction, Steven Leonard Richman holds 58,164 Deferred Stock Units directly. This total includes the 9,159 units granted on April 1, 2026 as deferred director fees under Claros Mortgage Trust’s Deferred Compensation Plan for board members.

What are Deferred Stock Units in the Claros Mortgage Trust (CMTG) filing?

Deferred Stock Units in this filing represent director cash fees that have been deferred into equity-based units. They are fully vested and convert into an equal number of Claros Mortgage Trust common shares or, at the company’s election, into cash after the applicable deferral period.

Does the Deferred Stock Unit award to the CMTG director have an expiration date?

The Deferred Stock Units granted to the Claros Mortgage Trust director have no expiration date. They remain outstanding until they convert on a one-for-one basis into common stock, or into cash at the company’s election, following the deferral period defined in the compensation plan.

How does the Claros Mortgage Trust Deferred Compensation Plan affect director fees?

Under Claros Mortgage Trust’s Deferred Compensation Plan, eligible directors can defer their cash fees into Deferred Stock Units. These units are fully vested upon grant and later convert into common stock or cash, aligning director compensation with long-term company performance over the deferral period.