Richman Steven Leonard 4
4 · Claros Mortgage Trust, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Claros Mortgage (CMTG) Director Richman Receives 53,418 DSUs
What Happened Steven Leonard Richman, a director of Claros Mortgage Trust, Inc. (CMTG), received a grant of 53,418 restricted stock units reported as Deferred Stock Units (DSUs) on 2026-06-03. The filing shows an acquisition (code A) of 53,418 units at $0.00 (no immediate cash value); the transaction is reported as a derivative award rather than an open-market purchase.
Key Details
- Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (timely within the usual 2-business-day window).
- Amount: 53,418 DSUs; reported price: $0.00; transaction code: A (award/grant).
- Shares owned after transaction: not specified in the information provided on this filing.
- Footnote: These are annual restricted stock units deferred under the Issuer's Deferred Compensation Plan (DCP) and reported as DSUs. They vest on the earlier of (i) the first anniversary of the grant or (ii) the next annual meeting, subject to continued service. Vested DSUs convert one-for-one into common shares (or, at the issuer's election, cash) after the deferral period. DSUs have no expiration date.
Context This is a standard director compensation award (not a market purchase or sale). DSUs represent future equity or cash value contingent on vesting and deferral rules, so they do not reflect an immediate change in share ownership or proceeds.
Insider Transaction Report
Form 4
Richman Steven Leonard
Director
Transactions
- Award
DEFERRED STOCK UNITS
[F1]2026-06-03+53,418→ 53,418 total→ COMMON STOCK (53,418 underlying)
Footnotes (1)
- [F1]Represents annual director grant of restricted stock units, which have been deferred by the Reporting Person under the Issuer's Deferred Compensation Plan ("DCP") and thus are reported as Deferred Stock Units ("DSUs"). The DSUs vest on the earlier to occur of (i) the first anniversary of the grant date and (ii) the date of the next annual meeting following the grant date, subject to continued service with the Company through such date. The Vested DSUs convert into shares of Common Stock on a one-for-one basis, or at the election of the Issuer into cash, following the deferral period as defined in the DCP. The DSUs have no expiration date.
Signature
/s/ Jeffrey D. Siegel, Attorney-in-Fact for Steven Leonard Richman|2026-06-05