Schreiber Jason K 4

What Happened

• Jason K. Schreiber, a director of CIM Real Estate Finance Trust, reported the vesting and settlement of restricted stock units (RSUs) on April 15, 2026. A total of 38,314.176 RSUs vested; the award settled 50% in stock (19,157.088 shares issued to Schreiber) and 50% in cash (the cash value of 19,157.088 RSUs). The Form 4 shows the acquisition of 19,157.088 shares and a corresponding conversion/disposition of 38,314.176 derivative units at $0.00 reflecting the cash/stock split. No cash purchase price per share is reported because this was a vesting settlement, not a market purchase.

Key Details

• Transaction date: April 15, 2026; Form 4 filed April 17, 2026 (filed within the typical 2-business-day window).
• Issued shares acquired: 19,157.088 shares (reported as 19,157 shares in summary).
• Derivative units converted/disposed: 38,314.176 RSUs reported at $0.00 (reflects settlement mechanics, not an open-market sale).
• Shares owned after transaction: Not specified in the provided filing details.
• Notable footnotes:
  • F2: Each RSU equals one contingent right to one share, payable 50% in common stock and 50% in cash.
  • F1/F3: Schreiber still has remaining RSUs scheduled to vest: 5,282.621 (granted Jan 10, 2024), 21,130.481 (granted Jun 25, 2024), 16,420.361 (granted Dec 10, 2024) — all vesting Dec 15, 2026 — plus 76,628.353 (granted Apr 15, 2025) vesting in equal installments on Apr 15, 2027 and Apr 15, 2028 (total remaining ≈119,461.816 RSUs).

Context

• This was not an open-market buy or sale—it's an RSU vesting event with a 50% stock / 50% cash settlement (common for executive/board compensation). Such settlements are routine compensation events and do not, by themselves, indicate the insider is buying or selling stock in the market.