WALTER W EDWARD 4
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Claros Mortgage Trust (CMTG) Director Walter W Edward Receives Award
What Happened Walter W. Edward, a director of Claros Mortgage Trust, received an award of 53,418 deferred stock units (DSUs) on June 3, 2026. The Form 4 reports the transaction as an award/grant (derivative) at $0.00 — i.e., an equity compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date and type: 2026-06-03 — Grant/Award (code A), derivative award of 53,418 DSUs, reported price $0.00.
- Report filed: Form 4 accession 0001193125-26-260199, filed 2026-06-05 (timely within the usual 2-business-day window).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The award is an annual director grant deferred under the Issuer's Deferred Compensation Plan (DCP) and reported as DSUs (see footnote F1).
Context The DSUs are restricted stock units deferred under the company’s DCP. Per the footnote, they vest on the earlier of the first anniversary of the grant or the next annual meeting (subject to continued service) and convert one-for-one into common shares — or, at the issuer’s election, into cash — after the deferral period. DSUs have no expiration date. Director awards are routine compensation and do not by themselves indicate insider buying or selling intent.