CubeSmart (CUBE) director Jeffrey Rogatz receives 4,044-share equity award grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROGATZ JEFFREY F reported acquisition or exercise transactions in this Form 4 filing.
CubeSmart director Jeffrey F. Rogatz received an equity award of 4,044 shares of Common on May 19, 2026. The grant carried no cash purchase price and was issued under the company’s 2007 Equity Incentive Plan. After this award, Rogatz directly holds 58,114 shares.
The footnote explains that these common units vest on the earlier of the first anniversary of the grant date, the 2027 Annual Meeting of Shareholders, or the date he resigns or retires from the Board, tying the award to continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROGATZ JEFFREY F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 4,044 | $0.00 | -- |
Holdings After Transaction:
Common — 58,114 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 4,044 shares
Grant price per share: $0.0000 per share
Post-grant holdings: 58,114 shares
+1 more
4 metrics
Equity grant size
4,044 shares
Common awarded to director on May 19, 2026
Grant price per share
$0.0000 per share
Compensation-related award, not an open-market purchase
Post-grant holdings
58,114 shares
Common directly held by Jeffrey F. Rogatz after transaction
Vesting milestone
2027 Annual Meeting
Units vest by this meeting or earlier specified events
Key Terms
2007 Equity Incentive Plan, Annual Meeting of Shareholders, vest, common units
4 terms
2007 Equity Incentive Plan financial
"The common units are issued under the Company's 2007 Equity Incentive Plan."
vest financial
"The common units vest on the earlier of the first anniversary of the grant date"
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.
common units financial
"The common units are issued under the Company's 2007 Equity Incentive Plan."
Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.
FAQ
What insider transaction did CubeSmart (CUBE) report for Jeffrey F. Rogatz?
CubeSmart reported that director Jeffrey F. Rogatz received an equity grant of 4,044 shares of Common on May 19, 2026. This was a compensation-related award with no cash purchase price, increasing his direct holdings to 58,114 shares after the transaction.
Was the CubeSmart (CUBE) transaction by Jeffrey F. Rogatz a purchase or a grant?
The transaction was a grant or award, not a market purchase. Form 4 classifies it with code “A” for grant, award, or other acquisition, and the price per share is listed as $0.0000, indicating compensation rather than an open-market buy.
What are the vesting conditions for Jeffrey F. Rogatz’s new CubeSmart equity award?
The common units vest on the earliest of three events: the first anniversary of the grant date, the 2027 Annual Meeting of Shareholders, or the date Rogatz resigns or retires from the Board. These terms link vesting to his ongoing board service.
Under which plan was Jeffrey F. Rogatz’s CubeSmart equity grant issued?
The grant was issued under CubeSmart’s 2007 Equity Incentive Plan. The footnote specifies that the common units are granted pursuant to this plan, which governs equity-based compensation such as these time-based vesting awards for directors and other eligible participants.