CUZ Form 4 reports multiple insider transactions
Connolly Michael Colin reported multiple insider transaction types in a Form 4 filing for CUZ.
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Rhea-AI Filing Summary
Connolly Michael Colin reported multiple insider transaction types in a Form 4 filing for CUZ. The filing lists transactions totaling 133,448 shares at a weighted average price of $22.46 per share. Following the reported transactions, holdings were 548,025 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 31,044 | $22.46 | $697K |
| Grant/Award | Common Stock | 102,404 | $22.46 | $2.30M |
Footnotes (4)
- F1. Award of restricted stock shares under the Cousins Properties Incorporated (CPI) 2019 Omnibus Incentive Stock Plan. These shares will vest equally over three years on each anniversary date of the grant. CPI will hold these shares until such shares become vested. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit upon termination of employment.
- F2. Includes 243,164 of restricted stock awarded under the Cousins Properties Incorporated (CPI) 2019 Omnibus Incentive Stock Plan. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit upon termination of employment.
- F3. Shares withheld from the vesting of restricted stock to pay the reporting person's tax liability as permitted under the 2019 Omnibus Incentive Stock Plan.
- F4. Includes 173,466 of restricted stock awarded under the Cousins Properties Incorporated (CPI) 2019 Omnibus Incentive Stock Plan. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit upon termination of employment.
FAQ
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What insider transactions did CUZ President & CEO Michael Colin Connolly report?
How do the CUZ CEO’s restricted stock awards work under the 2019 plan?
What portion of the CUZ CEO’s holdings are restricted stock after these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.