COUSINS PROPERTIES INC·4

Feb 17, 4:45 PM ET

Hicks Jane Kennedy 4

4 · COUSINS PROPERTIES INC · Filed Feb 17, 2026

Research Summary

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Cousins Properties EVP Jane Hicks Receives Restricted Stock Award

What Happened

  • Jane Kennedy Hicks, EVP and Chief Investment Officer of Cousins Properties (CUZ), received an award of 21,371 restricted shares on 2026-02-13 at $22.46 per share (total value $479,993). On 2026-02-17, 6,235 shares were withheld/disposed to cover the tax liability related to the award at the same $22.46 price (value $140,038). Net effect: a gain of 15,136 restricted shares for Hicks.

Key Details

  • Transaction types: A = Award/Grant of restricted stock (21,371 shares @ $22.46); F = Shares withheld for tax withholding (6,235 shares @ $22.46).
  • Dates: Award reported for 2026-02-13; tax withholding occurred 2026-02-17; Form 4 filed 2026-02-17 (timely filing).
  • Net change: +15,136 restricted shares (21,371 awarded − 6,235 withheld).
  • Footnotes: Award is under the CPI 2019 Omnibus Incentive Stock Plan and vests equally over three years; CPI will hold unvested shares until vesting but the reporting person retains dividend and voting rights. F3 notes the withholding was to pay the reporting person’s tax liability. The filing also references other restricted awards (e.g., 49,987 and 35,989 shares) in the footnotes.

Context

  • This was a grant of restricted stock (not an open-market purchase or option exercise). The shares are subject to time-based vesting and may be forfeited if employment terminates before vesting. Withholding shares to cover taxes is a routine administrative step and represents a disposition code F rather than a market sale.

Insider Transaction Report

Form 4Exit
Period: 2026-02-13
Hicks Jane Kennedy
EVP, Chief Investment Officer
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-02-13$22.46/sh+21,371$479,993113,807 total
  • Tax Payment

    Common Stock

    [F3][F4]
    2026-02-17$22.46/sh6,235$140,038107,572 total
Footnotes (4)
  • [F1]Award of restricted stock shares under the Cousins Properties Incorporated (CPI) 2019 Omnibus Incentive Stock Plan. These shares will vest equally over three years on each anniversary date of the grant. CPI will hold these shares until such shares become vested. 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.
  • [F2]Includes 49,987 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.
  • [F3]Shares withheld from the vesting of restricted stock to pay the reporting person's tax liability as permitted under the 2019 Omnibus Incentive Stock Plan.
  • [F4]Includes 35,989 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.
Signature
/s /Jeffrey D. Symes, Attorney-in-Fact for Hicks Jane Kennedy|2026-02-17

Documents

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