Cousins EVP acquires 11,558 CUZ shares via RSUs
Cousins Properties executive Pamela F. Roper reported an automatic share acquisition tied to long-term incentives.
Rhea-AI Filing Summary
Cousins Properties executive Pamela F. Roper reported an automatic share acquisition tied to long-term incentives. On February 2, 2026, she acquired 11,558 shares of Cousins Properties common stock at $24.84 per share upon settlement of previously granted Restricted Stock Units under the CPI 2019 Omnibus Incentive Stock Plan.
These RSUs were granted on February 16, 2023 and vested in full after a three-year performance period ending December 31, 2025, following the Board’s approval of performance achievement on February 2, 2026. After this transaction, she beneficially owns 73,782 common shares, including 18,656 unvested restricted shares that carry dividend and voting rights but will be forfeited if employment ends.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,558 | $24.84 | $287K |
Footnotes (3)
- F1. Settlement in shares related to Restricted Stock Units (RSUs) granted under the CPI 2019 Omnibus Incentive Stock Plan. These RSUs were granted February 16, 2023, and represent a right to receive, at settlement, one share of common stock. The RSUs "cliff" vested at the end of the three-year performance period ending on December 31, 2025, subject to achievement of certain previously disclosed performance conditions. Performance achievement was approved by CPI's Board of Directors on February 2, 2026.
- F2. In accordance with the terms of the Plan, and the elections of the grantee, the acquired shares reflect the shares delivered after the withholding necessary to satisfy applicable tax requirements (up to the maximum statutory withholding rate under applicable law).
- F3. Includes 18,656 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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