Mack Richard 4

What Happened

• Mack Richard, CEO and Chairman of Claros Mortgage Trust (CMTG), received a grant of 334,996 restricted stock units (RSUs) on 2026-03-20. The award was reported on a Form 4 filed 2026-03-24. The RSUs were granted at $0.00 per share (no cash purchase); total reported acquisition value $0.

Key Details

• Transaction date: 2026-03-20. SEC filing date: 2026-03-24 (timely by Form 4 rules).
• Transaction code: A (award/grant).
• Shares/units granted: 334,996 RSUs; price per share reported as $0.00; total $0.
• Vesting: RSUs convert one-for-one into common shares, vesting in three equal installments beginning April 1, 2027, and on each of the next two anniversaries, subject to continued employment/service (per footnote).
• Shares owned after transaction: Not specified in the provided filing details.
• No indication of a 10b5-1 plan, tax-withholding sale, or late filing in the Form 4.

Context

• This was an equity compensation grant (RSUs), not an open-market purchase or sale. RSU grants are standard executive compensation and vest over time, aligning the recipient’s interests with long-term shareholder value; they do not immediately increase free-floating shares until vested.