MCCOLL JOHN S 4

What Happened
John S. McColl, Executive Vice President of Cousins Properties (CUZ), received 15,772 shares upon settlement of Restricted Stock Units (RSUs) at $24.84 per share, with a total value of roughly $391,776. This was a non‑market award/settlement (code A) of RSUs that cliff‑vested after a three‑year performance period; the Board approved performance achievement on February 2, 2026.

Key Details

• Transaction date: 2026-02-02; filing date: 2026-02-04 (appears timely).
• Shares acquired: 15,772; price per share used for reporting: $24.84; aggregate value ≈ $391,776.
• Tax withholding: Shares were net of withholding to satisfy applicable tax requirements (footnote F2).
• Vesting/performance: These RSUs were granted Feb 16, 2023 and cliff‑vested after a three‑year performance period ending Dec 31, 2025; performance achievement approved by the Board on Feb 2, 2026 (footnote F1).
• Other holdings noted: Filing indicates the reporting person also has 22,129 restricted shares awarded under the same plan; those restricted shares carry dividend and voting rights while unvested and will forfeit on termination (footnote F3).
• Transaction type: Award/settlement of RSUs (not an open‑market purchase or sale).

Context
This was a settlement of performance‑based RSUs rather than an open‑market trade, so it reflects compensation vesting rather than a direct buying or selling decision. Net shares delivered were reduced to cover taxes per the grantee’s elections; unvested restricted shares referenced remain subject to forfeiture and standard plan terms.