Schreiber Jason K 4
4 · CIM GROUP, INC. · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
CIM Group Director Jason K. Schreiber Receives 35,116 RSU Award
What Happened
Jason K. Schreiber, a director of CIM Group, was granted 35,116.732 restricted stock units (RSUs) on June 25, 2026. The award is reported as a derivative acquisition at $0.00 per unit (no immediate cash cost). Each RSU represents a contingent right to one share of CIM common stock; when paid, 50% will be delivered as shares and 50% as the cash value of the shares. This is an equity award (grant), not an open-market purchase or sale.
Key Details
- Transaction date: June 25, 2026; Form 4 filed June 29, 2026.
- Transaction type/code: Award/Grant (A); 35,116.732 RSUs granted at $0.00 (derivative).
- Vesting: RSUs vest in three equal annual installments beginning April 15, 2027 (per footnote).
- Payment: Upon vesting each RSU pays 50% in common stock and 50% in cash value.
- Shares owned after transaction: Not specified in the filing.
- Grant was made to CIM Real Estate Finance Management, LLC and is assigned to the reporting person contingently upon vesting (per footnote).
Context
RSU grants are compensation awards and do not necessarily signal immediate buying or selling intent; they convert to shares (and cash) only as they vest. Because this is a derivative RSU award with staged vesting, the economic benefit to the director depends on future vesting dates and the company’s share price at those times.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-06-25+35,116.732→ 154,578.548 total→ Common Stock (35,116.732 underlying)
Footnotes (2)
- [F1]Restricted stock units are granted to CIM Real Estate Finance Management, LLC and are assigned to the reporting person on a contingent basis upon vesting. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, payable 50% in the Issuer's common stock and 50% in the cash value thereof.
- [F2]The restricted stock units vest in three equal annual installments beginning on April 15, 2027.