Richman Steven Leonard 4

What Happened

• Steven Leonard Richman, a director of Claros Mortgage Trust, Inc. (CMTG), was granted 9,159 deferred stock units (DSUs) on April 1, 2026. The transaction is reported as an award/acquisition (code A) with a reported price of $0 and total reported value $0. This is a compensation deferral award (not an open-market buy or sale).

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (filed within the typical two-business-day window).
• Security and amount: 9,159 DSUs; reported acquisition price: $0.00 (award).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The DSUs represent director cash fees deferred under the Issuer's Deferred Compensation Plan (DCP). They are fully vested, convert one-for-one into common shares (or, at the issuer's election, into cash) after the deferral period, and have no expiration date.
• Transaction code: A = Award/Grant (derivative interest reported).

Context

• These DSUs are a form of deferred compensation for a director rather than a market purchase or sale, so they don't directly signal buying or selling sentiment. They will convert to actual shares (or cash) later per the DCP terms.