Claros Mortgage (CMTG) CEO Mack Richard Buys 220,603 Shares

What Happened

• Mack Richard, CEO and Chairman of Claros Mortgage Trust, Inc. (CMTG), acquired a total of 220,603 shares in two purchase transactions: 200,000 shares on 2026-09-03 and 20,603 shares on 2026-09-04. The filing reports weighted average prices of $1.59 per share for both line items, for a combined reported outlay of $351,241. These were purchases (code P), which are generally viewed as a direct acquisition of stock.

Key Details

• Transaction dates and prices:
  • 2026-09-03: 200,000 shares at a weighted average $1.59 (total reported $318,480). Footnote F1 states actual prices in these multiple trades ranged from $1.5598 to $1.60.
  • 2026-09-04: 20,603 shares at a weighted average $1.59 (total reported $32,761). Footnote F2 states actual prices in these multiple trades ranged from $1.575 to $1.60.
• Total purchased: 220,603 shares for $351,241 (reported).
• Shares owned after transaction: not specified in the provided filing details.
• Filing timeliness: Form 4 was filed on 2026-09-08. The 9/04 purchase appears to be reported on time; the 9/03 purchase may have been reported one business day late based on the standard two-business-day Form 4 deadline.
• Transaction code: P = Purchase (open market or private purchase).

Context

• Purchases by a company CEO can be interpreted by investors as a direct buy of company stock; this filing simply reports the transactions and does not state motivations.
• Footnotes indicate the reported per-share prices are weighted averages from multiple trades at slightly varying prices; the reporting person has offered to provide a breakdown of individual trade prices on request.
• No options exercises, awards, gifts, or tax-withholding were reported in these transactions.