ADZEMA GREGG D 4

4 · COUSINS PROPERTIES INC · Filed Feb 17, 2026

AI-generated summary of this filing

Updated Feb 17, 2026

Cousins Properties (CUZ) CFO Gregg Adzema Receives Restricted Stock

What Happened

Gregg D. Adzema, EVP and CFO of Cousins Properties (CUZ), was granted 31,167 restricted shares on 2026-02-13 at an implicit value of $22.46 per share (total value ≈ $700,011).
On 2026-02-17, 9,821 of those shares were withheld to satisfy the reporting person’s tax liability (9,821 × $22.46 ≈ $220,580), leaving a net increase of 21,346 restricted shares (net value ≈ $479,431).
This was an equity award (not an open-market purchase or sale).

Key Details

Transaction types: A = Award/Grant (31,167 shares); F = Tax withholding (9,821 shares).
Dates and prices: Award dated 2026-02-13 @ $22.46; withholding recorded 2026-02-17 @ $22.46.
Shares owned after transaction: Not specified in the provided excerpt of the filing.
Footnotes: The restricted shares were granted under the Cousins Properties Incorporated 2019 Omnibus Incentive Stock Plan and vest equally over three years (one-third each anniversary). While unvested, the shares are held by CPI but the reporting person retains voting rights and dividend rights; unvested shares forfeit on termination. The withheld shares were used to pay tax liability as permitted under the plan. The filing also references other restricted stock amounts (75,874 and 53,825 shares) included in reported holdings.
Filing timeliness: Report filed 2026-02-17 for the 2026-02-13 grant — appears to be a timely Form 4 filing.

Context

These were restricted stock awards that vest over time (not an immediate market buy), and a portion was withheld to cover taxes (a common administrative step, not a market sale).
Awards signal company compensation decisions rather than direct personal market bets; purchases are generally viewed as more informative of insider sentiment than routine awards.

Form 4

Period: 2026-02-13

EVP and CFO

Transactions

Award
Common Stock
[F1][F2]
2026-02-13$22.46/sh+31,167$700,011→ 185,382 total
Tax Payment
Common Stock
[F3][F4]
2026-02-17$22.46/sh−9,821$220,580→ 175,561 total

Footnotes (4)

[F1]Award of restricted stock shares under the Cousins Properties Incorporated (CPI) 2019 Omnibus Incentive Stock Plan. These shares will vest equally over three years on each anniversary date of the grant. CPI will hold these shares until such shares become vested. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit upon termination of employment.
[F2]Includes 75,874 of restricted stock awarded under the Cousins Properties Incorporated (CPI) 2019 Omnibus Incentive Stock Plan. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit upon termination of employment.
[F3]Shares withheld from the vesting of restricted stock to pay the reporting person's tax liability as permitted under the 2019 Omnibus Incentive Stock Plan.
[F4]Includes 53,825 of restricted stock awarded under the Cousins Properties Incorporated (CPI) 2019 Omnibus Incentive Stock Plan. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit upon termination of employment.

Signature

/s /Jeffrey D. Symes, Attorney-in-Fact for ADZEMA GREGG D|2026-02-17

1 file