Cousins Properties (CUZ) EVP McColl acquires 787 shares through ESPP at $21.91
Rhea-AI Filing Summary
Cousins Properties Inc. executive reports ESPP share purchase
Cousins Properties Inc. Executive Vice President John S. McColl reported buying 787 shares of Cousins common stock on November 28, 2025. The shares were acquired through the company’s 2021 Employee Stock Purchase Plan for the purchase period from December 1, 2024 through November 30, 2025. Under this plan, the shares were bought at a discount, equal to 85% of the closing price of Cousins stock on November 28, 2025, or $21.91 per share.
After this transaction, McColl beneficially owns 67,301 shares of Cousins common stock held directly. This total includes 22,129 restricted shares granted under the 2019 Omnibus Incentive Stock Plan, on which he can receive cash dividends and vote the shares while they remain unvested, although any unvested shares will be forfeited if his employment ends.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 787 | $21.91 | $17K |
Footnotes (1)
- The reporting person is voluntarily reporting the acquisition of shares of Cousins common stock pursuant to the Cousins Properties Incorporated 2021 Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of December 1, 2024 through November 30, 2025. In accordance with the ESPP, these shares were purchased based on 85% of the closing price of Cousins common stock on November 28, 2025. Includes 22,129 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
What insider transaction did Cousins Properties (CUZ) report in this Form 4?
The filing reports that Executive Vice President John S. McColl acquired 787 shares of Cousins Properties common stock on November 28, 2025 through the company’s 2021 Employee Stock Purchase Plan.
What rights does the CUZ executive have with respect to the restricted stock awards?
While the 22,129 restricted shares are unvested, the reporting person has the right to receive all cash dividends and to vote those shares. All unvested shares will be forfeited upon termination of employment.
Is this CUZ Form 4 filed by an individual or a group?
The Form 4 is indicated as being filed by one reporting person, namely Executive Vice President John S. McColl.