Cousins Properties (CUZ) EVP granted stock, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cousins Properties EVP and Chief Investment Officer Hicks Jane Kennedy reported equity compensation and related tax withholding transactions in company stock. On 02/13/2026, Kennedy acquired 21,371 shares of common stock as a restricted stock award under the 2019 Omnibus Incentive Stock Plan at $22.46 per share, bringing direct holdings to 113,807 shares.
On 02/17/2026, 6,235 shares were disposed of at $22.46 per share to cover tax liabilities upon vesting, a non‑open‑market, tax‑withholding disposition, leaving 107,572 directly held shares. The restricted shares vest in equal installments over three years, carry dividend and voting rights while unvested, and are forfeited upon termination of employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hicks Jane Kennedy
Role
EVP, Chief Investment Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,235 | $22.46 | $140K |
| Grant/Award | Common Stock | 21,371 | $22.46 | $480K |
Holdings After Transaction:
Common Stock — 107,572 shares (Direct)
Footnotes (1)
- 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. Includes 49,987 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. 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. Includes 35,989 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 transactions did CUZ executive Hicks Jane Kennedy report on this Form 4?
Kennedy reported two transactions in Cousins Properties common stock. She received 21,371 restricted shares on 02/13/2026 and had 6,235 shares withheld on 02/17/2026 to satisfy tax liabilities related to vesting, all under the 2019 Omnibus Incentive Stock Plan.
What equity award did CUZ grant to Hicks Jane Kennedy on 02/13/2026?
Kennedy received an award of 21,371 shares of restricted stock at $22.46 per share on 02/13/2026. The award was made under Cousins Properties’ 2019 Omnibus Incentive Stock Plan and vests in three equal installments on each anniversary of the grant date.
How do the CUZ restricted stock awards to Hicks Jane Kennedy vest and what rights attach?
The restricted stock vests in three equal annual installments starting on the grant anniversary. While unvested, Kennedy has the right to receive all cash dividends and vote the restricted shares, but unvested shares are forfeited if her employment with Cousins Properties terminates.