CEPHAS DERRICK D 4

What Happened Derrick D. Cephas, a director of Claros Mortgage Trust, Inc. (CMTG), was granted 53,418 restricted stock units (reported as Deferred Stock Units, DSUs) on 2026-06-03. The Form 4 reports these as a derivative award at $0.00 per unit (transaction code A), meaning this was a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (timely).
• Amount: 53,418 DSUs; Reported price: $0.00; transaction type: A (award/grant, derivative).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: These are annual director RSU grants deferred under the Issuer's Deferred Compensation Plan (DCP). The DSUs vest on the earlier of (i) the first anniversary of the grant or (ii) the next annual meeting after the grant, subject to continued service. Vested DSUs convert one-for-one into common stock, or at the issuer's election into cash. DSUs have no expiration date.

Context This award is a routine director compensation grant (deferred RSUs), not an outright purchase or sale of stock. As a deferred compensation/derivative award, it does not reflect an immediate cash outlay or market transaction and should be viewed as part of standard director pay rather than a direct trading signal.