Claros Mortgage Trust, Inc.·4

Jun 5, 7:29 PM ET

TESE VINCENT 4

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Claros Mortgage Trust (CMTG) Director Tese Vincent Receives DSU Award

What Happened
Tese Vincent, a director of Claros Mortgage Trust, was granted 9,580 Deferred Stock Units (DSUs) on 2026-06-03. The award is reported as a derivative acquisition (Form 4 code A) at $0.00 per unit, so the filing shows a $0 transaction value. According to the filing footnote, these DSUs represent deferred director cash fees that are fully vested and convert one-for-one into common stock (or, at the issuer's election, into cash) after the deferral period.

Key Details

  • Transaction date: 2026-06-03. Form 4 filed: 2026-06-05 (two days after the transaction; within the typical 2-business-day reporting window).
  • Transaction type/code: Grant/Award of derivative securities (DSUs) — code A.
  • Amount: 9,580 DSUs reported at $0.00 per unit (total reported value $0).
  • Shares owned after transaction: Not specified in the filing.
  • Footnote (F1): DSUs reflect deferred director cash fees under the Issuer’s Deferred Compensation Plan; fully vested, convert 1:1 into common stock or cash, no expiration.
  • No 10b5-1 plan, tax withholding, or sale noted in this filing.

Context
This is a non-cash compensation deferral for a director rather than an open-market purchase or sale. Such DSU grants are common for director pay and do not by themselves indicate insider intent to buy or sell shares on the market; they simply record deferred compensation that will convert to stock or cash per the plan terms.