Cousins (NYSE: CUZ) CFO awarded 31,167 restricted shares; 9,821 withheld for taxes
Rhea-AI Filing Summary
Cousins Properties executive Gregg D. Adzema reported equity compensation and related tax withholding transactions. On February 13, 2026, he acquired 31,167 shares of common stock at $22.46 per share as a restricted stock award under the 2019 Omnibus Incentive Stock Plan, which vests in equal installments over three years. This increased his directly held common stock to 185,382 shares, including previously granted restricted stock.
On February 17, 2026, 9,821 shares of common stock at $22.46 per share were withheld from vesting restricted stock to satisfy his tax liability, a non‑open‑market, tax‑withholding disposition. After this withholding, he directly held 175,561 shares of common stock, including 53,825 restricted shares that continue to carry dividend and voting rights until any forfeiture on termination of employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,821 | $22.46 | $221K |
| Grant/Award | Common Stock | 31,167 | $22.46 | $700K |
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 75,874 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 53,825 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.