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.
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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.
At what price did the CUZ executive acquire the new shares?
The 787 shares of Cousins Properties common stock were purchased at $21.91 per share, which reflects 85% of the closing price of the stock on November 28, 2025, as provided under the Employee Stock Purchase Plan.
How many Cousins Properties (CUZ) shares does the reporting person own after this transaction?
Following the reported purchase, Executive Vice President John S. McColl beneficially owns 67,301 shares of Cousins Properties common stock in total, held directly.
How many restricted shares of CUZ stock are included in the executive’s holdings?
The total beneficial ownership includes 22,129 shares of restricted stock awarded under the Cousins Properties Incorporated 2019 Omnibus Incentive Stock 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.