Richman Steven Leonard 4

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.