Cousins Properties (NYSE: CUZ) director receives stock grants for fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Givens Susan reported acquisition or exercise transactions in this Form 4 filing.
Cousins Properties director Susan Givens reported two stock awards of common stock received as compensation. On June 1, 2026, she was granted 3,389 shares at $25.08 per share as part of her 2026–2027 director annual retainer under the 2019 Plan. A separate award of 5,681 shares at $26.40 per share was issued for director fees in place of cash compensation, valued at 95% of the closing price on the issuance date. Following these awards, the filing shows direct holdings of 18,725 shares after one grant and 15,336 shares after the other.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Givens Susan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,681 | $26.40 | $150K |
| Grant/Award | Common Stock | 3,389 | $25.08 | $85K |
Holdings After Transaction:
Common Stock — 15,336 shares (Direct, null)
Footnotes (1)
- Portion of the 2026-2027 director annual retainer was paid in stock under the Amended and Restated Cousins Properties Incorporated Omnibus 2019 Incentive Stock Plan (the "2019 Plan"). For the purpose of determining the number of shares granted, the value of the Corporation's common stock is equal to the closing price on June 1, 2026. Stock issued for director fees in place of cash compensation, valued at 95% of the closing price on the issuance date, in accordance with the 2019 Plan.
Key Figures
First stock award: 3,389 shares
First award valuation: $25.08 per share
Second stock award: 5,681 shares
+3 more
6 metrics
First stock award
3,389 shares
Common Stock grant on June 1, 2026
First award valuation
$25.08 per share
Value based on June 1, 2026 closing price
Second stock award
5,681 shares
Common Stock grant on June 1, 2026
Second award valuation
$26.40 per share
Valued at 95% of closing price under 2019 Plan
Holdings after first award
18,725 shares
Direct common stock ownership following one transaction
Holdings after second award
15,336 shares
Direct common stock ownership following the other transaction
Key Terms
Amended and Restated Cousins Properties Incorporated Omnibus 2019 Incentive Stock Plan, director annual retainer, director fees in place of cash compensation, 2019 Plan
4 terms
Amended and Restated Cousins Properties Incorporated Omnibus 2019 Incentive Stock Plan financial
"Portion of the 2026-2027 director annual retainer was paid in stock under the Amended and Restated Cousins Properties Incorporated Omnibus 2019 Incentive Stock Plan"
director annual retainer financial
"Portion of the 2026-2027 director annual retainer was paid in stock under the Amended and Restated"
director fees in place of cash compensation financial
"Stock issued for director fees in place of cash compensation, valued at 95% of the closing price"
2019 Plan financial
"in accordance with the 2019 Plan."
FAQ
What did Susan Givens report in this Form 4 for COUSINS PROPERTIES INC (CUZ)?
Susan Givens reported receiving two awards of COUSINS PROPERTIES INC common stock as compensation. Both transactions on June 1, 2026 were classified as grants or awards, not open-market purchases or sales, and reflect stock paid in lieu of director cash compensation under a company incentive plan.
At what prices were the COUSINS PROPERTIES INC (CUZ) stock awards to Susan Givens valued?
One award of 3,389 shares was valued at $25.08 per share, based on the June 1, 2026 closing price. The second award of 5,681 shares was valued at $26.40 per share, reflecting 95% of the closing price, as specified in the 2019 incentive plan.
What was the purpose of the COUSINS PROPERTIES INC (CUZ) stock grants to Susan Givens?
The grants compensated Susan Givens for board service. A portion of her 2026–2027 director annual retainer was paid in stock, and additional shares replaced cash director fees, all issued under the Amended and Restated 2019 Omnibus Incentive Stock Plan according to its stated terms.
Are Susan Givens’ COUSINS PROPERTIES INC (CUZ) transactions open-market buys or routine compensation?
These transactions are routine compensation. Both entries use code “A” for grants or awards and are described as stock issued for the 2026–2027 director retainer and director fees, in place of cash, under the company’s Amended and Restated 2019 Omnibus Incentive Stock Plan.