CMTG director granted 53,418 deferred stock units
Claros Mortgage Trust, Inc. director Steven Leonard Richman received a grant of 53,418 Deferred Stock Units as part of his annual director equity compensation.
Rhea-AI Filing Summary
Claros Mortgage Trust, Inc. director Steven Leonard Richman received a grant of 53,418 Deferred Stock Units as part of his annual director equity compensation. These units reflect restricted stock awards that 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, assuming he continues serving as a director. After the deferral period, the vested units convert on a one-for-one basis into common shares or, at the company’s election, into cash, and they have no expiration date. Following this grant, Richman holds 53,418 Deferred Stock Units directly.
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Insider Trade Summary
Grant/Award: 53,418 shares
Grant/Award
1 txn
Insider
Richman Steven Leonard
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
Underlying common shares: 53,418 shares
+1 more
4 metrics
Deferred Stock Units granted
53,418 units
Annual director grant on 2026-06-03
Grant price per unit
$0.00
Compensation grant, not market purchase
Underlying common shares
53,418 shares
One-for-one conversion into common stock
Deferred Stock Units 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
"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")."
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") and thus are reported as Deferred Stock Units ("DSUs")."
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 by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs")."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Claros Mortgage Trust (CMTG) report for Steven Leonard Richman?
Claros Mortgage Trust reported that director Steven Leonard Richman received 53,418 Deferred Stock Units as an annual director equity grant. These awards are compensation-based, not an open-market purchase, and are structured as deferred restricted stock units under the company’s Deferred Compensation Plan.
How many Deferred Stock Units did CMTG director Steven Leonard Richman receive?
Steven Leonard Richman received 53,418 Deferred Stock Units tied to Claros Mortgage Trust common stock. The grant represents his annual director equity award, which has been deferred under the Deferred Compensation Plan instead of being taken as immediate restricted stock, aligning compensation with future company performance.
How do the Deferred Stock Units for CMTG’s director vest and settle?
The Deferred Stock Units vest on the earlier of the first anniversary of the grant date or the next annual meeting. After the deferral period defined in the Deferred Compensation Plan, vested units convert one-for-one into common shares or, at the issuer’s election, into cash, providing equity-linked compensation.
Is the Form 4 transaction for CMTG’s director a market purchase or a compensation grant?
The Form 4 shows a compensation grant, not a market purchase. Director Steven Leonard Richman received 53,418 Deferred Stock Units at a price of $0.00 per unit as an annual director equity award, granted under Claros Mortgage Trust’s Deferred Compensation Plan.
What is the relationship between CMTG’s Deferred Stock Units and common stock?
Each Deferred Stock Unit represents the right to receive one share of Claros Mortgage Trust common stock or, at the issuer’s election, cash of equal value. This one-for-one conversion occurs after the applicable deferral period when the units have vested under the Deferred Compensation Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
