Hicks Jane Kennedy 4
4 · COUSINS PROPERTIES INC · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Cousins Properties (CUZ) EVP Jane Hicks Receives 20,679 Shares
What Happened Jane Kennedy Hicks, EVP and Chief Investment Officer of Cousins Properties (CUZ), had 20,679 shares delivered on February 2, 2026 as the settlement of previously granted Restricted Stock Units (RSUs). The shares were valued at $24.84 each for a total value of $513,666. This transaction was an award/settlement of compensation (not an open-market purchase).
Key Details
- Transaction date: 2026-02-02; price per share: $24.84; shares acquired: 20,679; total value ≈ $513,666.
- Filing date: 2026-02-04 (filed within the normal two-business-day Form 4 window).
- Shares delivered reflect withholding to satisfy tax obligations per plan elections (net issuance after tax withholding).
- The RSUs were originally granted on Feb 16, 2023 and cliff‑vested after a three‑year performance period ending Dec 31, 2025; board approved performance achievement on Feb 2, 2026.
- Footnote: Reporting indicates the insider also has 28,616 restricted shares awarded under the 2019 Omnibus Plan that carry dividend and voting rights while unvested and will forfeit upon termination.
- Filing does not state total shares owned by the reporting person after this settlement beyond the restricted‑share note.
Context This was a scheduled compensation settlement (RSU cliff vesting after a performance period), not an open‑market buy or sale. Awards like this reflect prior grants and meeting performance conditions; they are routine executive compensation events and should not be interpreted alone as a direct buy/sell signal. The shares were delivered net of tax withholding per the plan.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-02-02$24.84/sh+20,679$513,666→ 92,436 total
Footnotes (3)
- [F1]Settlement in shares related to Restricted Stock Units (RSUs) granted under the CPI 2019 Omnibus Incentive Stock Plan. These RSUs were granted February 16, 2023, and represent a right to receive, at settlement, one share of common stock. The RSUs "cliff" vested at the end of the three-year performance period ending on December 31, 2025, subject to achievement of certain previously disclosed performance conditions. Performance achievement was approved by CPI's Board of Directors on February 2, 2026.
- [F2]In accordance with the terms of the Plan, and the elections of the grantee, the acquired shares reflect the shares delivered after the withholding necessary to satisfy applicable tax requirements (up to the maximum statutory withholding rate under applicable law).
- [F3]Includes 28,616 of restricted stock awarded under the Cousins Properties Incorporated (CPI) 2019 Omnibus Incentive Stock Plan. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends and to vote the restricted shares. All unvested shares will forfeit upon termination of employment.