Thompson David Andrew 4

What Happened
David A. Thompson, Chief Financial Officer, Principal Accounting Officer and Treasurer of CIM Group, vested 13,269.67 restricted stock units (RSUs) on June 30, 2026. The award was settled 50% in common stock (6,634.835 shares acquired) and 50% in cash (cash portion from 6,634.835 RSUs). The Form 4 reports the derivative conversion/settlement (transaction code M).

Key Details

• Transaction date: June 30, 2026 (Form 4 filed July 2, 2026; filed on time under the two‑business‑day rule).
• Shares acquired: 6,634.835 common shares.
• RSUs converted/settled: 13,269.67 restricted stock units (50% stock/50% cash). The cash amount received for the cash‑settled portion is not specified in the filing.
• Remaining unvested RSUs after this settlement (per filing footnote): 65,960.17 RSUs, composed of:
  • 30,433.66 RSUs granted June 24, 2026 (vest in three equal annual installments beginning April 15, 2027),
  • 13,269.67 RSUs remaining from the vested group described above (vest June 30, 2027 per footnote 1),
  • 22,256.84 RSUs from earlier grants vesting on various dates between Dec 15, 2026 and Apr 15, 2028.
• Transaction type: Exercise/conversion of derivative (M). This was a vesting/settlement of RSUs, not an open‑market purchase or voluntary sale.

Context

• This was an RSU vesting event settled half in stock and half in cash (a common practice to cover tax withholding or provide liquidity). It is not a market purchase (bullish) nor a straightforward sale (potentially bearish); it reflects compensation realization.
• No indication of a 10b5-1 plan, gift, or late filing in the Form 4.
• Retail investors often view purchases as stronger signals than routine employee vesting; this filing documents compensation settlement rather than an independent buy/sell decision.