STOCK TITAN

Cousins Properties (CUZ) director takes board fees in stock awards

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

Rhea-AI Filing Summary

Hyland Donna Westbrook reported acquisition or exercise transactions in this Form 4 filing.

Cousins Properties director Donna Westbrook Hyland received stock awards instead of cash fees. On June 1, 2026, she was granted 4,585 shares of common stock valued at $25.08 per share as part of her 2026–2027 director annual retainer under the company’s 2019 Omnibus Incentive Stock Plan.

On the same date, she also received 5,681 shares valued at $26.40 per share for director fees taken in stock at 95% of the closing price, consistent with the plan’s terms. The filing shows 76,893 shares held directly after the 4,585‑share grant and 72,308 shares held directly after the 5,681‑share grant.

Positive

  • None.

Negative

  • None.
Insider Hyland Donna Westbrook
Role null
Type Security Shares Price Value
Grant/Award Common Stock 5,681 $26.40 $150K
Grant/Award Common Stock 4,585 $25.08 $115K
Holdings After Transaction: Common Stock — 72,308 shares (Direct, null)
Footnotes (1)
  1. Portion of the 2026-2027 director annual retainer was paid in stock under the Amended and Restated Cousins Properties Incorporated Omnibus 2019 Incentive Stock Plan (the "2019 Plan"). For the purpose of determining the number of shares granted, the value of the Corporation's common stock is equal to the closing price on June 1, 2026. Stock issued for director fees in place of cash compensation, valued at 95% of the closing price on the issuance date, in accordance with the 2019 Plan.
First stock grant 4,585 shares at $25.08 Common stock award on June 1, 2026 under 2019 Plan
Second stock grant 5,681 shares at $26.40 Common stock issued for director fees at 95% of closing price
Holdings after first grant 76,893 shares Total common shares held directly after 4,585-share award
Holdings after second grant 72,308 shares Total common shares held directly after 5,681-share award
Amended and Restated Cousins Properties Incorporated Omnibus 2019 Incentive Stock Plan financial
"Portion of the 2026-2027 director annual retainer was paid in stock under the Amended and Restated Cousins Properties Incorporated Omnibus 2019 Incentive Stock Plan"
director annual retainer financial
"Portion of the 2026-2027 director annual retainer was paid in stock under the Amended and Restated Cousins Properties Incorporated Omnibus 2019 Incentive Stock Plan"
closing price financial
"the value of the Corporation's common stock is equal to the closing price on June 1, 2026"
valued at 95% of the closing price financial
"Stock issued for director fees in place of cash compensation, valued at 95% of the closing price on the issuance date"
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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*
Hyland Donna Westbrook

(Last)(First)(Middle)
3344 PEACHTREE ROAD NE
SUITE 1800

(Street)
ATLANTA GEORGIA 30326

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
COUSINS PROPERTIES INC [ CUZ ]
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)
06/01/2026
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
Common Stock06/01/2026A5,681(1)A$26.472,308D
Common Stock06/01/2026A4,585(2)A$25.0876,893D
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
Explanation of Responses:
1. Portion of the 2026-2027 director annual retainer was paid in stock under the Amended and Restated Cousins Properties Incorporated Omnibus 2019 Incentive Stock Plan (the "2019 Plan"). For the purpose of determining the number of shares granted, the value of the Corporation's common stock is equal to the closing price on June 1, 2026.
2. Stock issued for director fees in place of cash compensation, valued at 95% of the closing price on the issuance date, in accordance with the 2019 Plan.
Remarks:
/s /Pamela Roper, Attorney-in-Fact for Hyland Donna Westbrook06/03/2026
** 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)

FAQ

What insider transaction did CUZ director Donna Westbrook Hyland report?

Donna Westbrook Hyland reported two stock awards of Cousins Properties common stock as director compensation. These are grants under the company’s 2019 Omnibus Incentive Stock Plan, not open-market purchases, and represent fees taken in stock instead of cash.

How many Cousins Properties (CUZ) shares were granted to the director?

She received two separate grants totaling 10,266 shares of common stock: one award of 4,585 shares and another of 5,681 shares. Both grants relate to director compensation for service on the board of Cousins Properties.

At what prices were the CUZ stock grants to the director valued?

The 4,585-share award was valued at $25.08 per share, based on Cousins Properties’ closing price on June 1, 2026. The 5,681-share award was valued at $26.40 per share, reflecting 95% of the closing price under the company’s 2019 plan.

What is the purpose of the CUZ 2019 Omnibus Incentive Stock Plan in this filing?

The 2019 Omnibus Incentive Stock Plan allowed Cousins Properties to pay a portion of the director’s 2026–2027 annual retainer and other director fees in stock. It specifies that stock issued for fees can be valued at closing price or 95% of that price on the grant date.

How many Cousins Properties shares does the director hold after these grants?

The filing reports 76,893 shares of common stock held directly after the 4,585-share grant and 72,308 shares held directly after the 5,681-share grant. These figures show her reported direct ownership levels following each individual compensation-related stock award.

Were the CUZ insider transactions open-market buys or sales?

No, these transactions were not open-market buys or sales. Both are coded as “A” for grants or awards, reflecting stock compensation for board service. The shares were issued under Cousins Properties’ 2019 Omnibus Incentive Stock Plan as alternatives to cash director fees.