Nelson Dionne 4
Research Summary
AI-generated summary
Cousins Properties (CUZ) Director Nelson Dionne Receives Award
What Happened
- Nelson Dionne, a director of Cousins Properties, was granted 5,681 shares as part of his 2026–2027 director annual retainer. The grant price/value used was $26.40 per share, for a total value of $149,978. This award was issued under the Amended and Restated Cousins Properties Incorporated Omnibus 2019 Incentive Stock Plan.
Key Details
- Transaction date and price: June 1, 2026 — 5,681 shares at $26.40 per share (total $149,978).
- Transaction type: Award/Grant (code A).
- Shares owned after transaction: Not specified in the Form 4 provided.
- Footnote: The stock portion of the retainer was paid under the 2019 Plan; the number of shares was calculated using the closing price on June 1, 2026 (see filing footnote).
- Filing: Reported on June 3, 2026 (filed within the typical Form 4 reporting window).
Context
- This was a compensation-related equity award (routine director retainer), not an open-market purchase or sale. Such grants are common practice for boards and reflect compensation rather than an explicit buy/sell signal from the insider.
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