Givens Susan 4
Research Summary
AI-generated summary
Cousins Properties (CUZ) Director Susan Givens Receives Stock Award
What Happened
- Susan Givens, a director of Cousins Properties (CUZ), received stock awards (Form 4 code A) on June 1, 2026 totaling 9,070 shares valued at roughly $234,974. The awards consist of 5,681 shares at $26.40 ($149,978) and 3,389 shares at $25.08 ($84,996). These awards were issued as director compensation under the company's 2019 Incentive Stock Plan and represent an acquisition of shares (routine compensation), not a sale.
Key Details
- Transaction date(s): 2026-06-01 (filed on 2026-06-03; filing appears timely)
- Grants: 5,681 shares @ $26.40 = $149,978 (value based on closing price on 6/1/2026) and 3,389 shares @ $25.08 = $84,996 (shares issued at 95% of closing price)
- Total shares received: 9,070; total reported value: ≈ $234,974
- Shares owned after transaction: Not reported in the provided filing details
- Footnotes: F1 — portion of 2026–2027 director retainer paid in stock using closing price on 6/1/2026; F2 — director fees converted to stock and valued at 95% of the closing price per plan rules
- Transaction type: Award/Grant (A) — routine director compensation, not an option exercise or open-market trade
Context
- These awards are routine compensation for a board member and are commonly paid in stock; they generally reflect compensation policy rather than a director's personal view of the stock. Because this was an award (not a sale), it represents an acquisition of shares by the insider but should be interpreted as standard pay unless accompanied by other insider buying signals.