McGillis Mike 4

What Happened
Mike McGillis, President, Chief Financial Officer and a director of Claros Mortgage Trust (CMTG), was granted 167,163 restricted stock units (RSUs) on March 20, 2026. The Form 4 reports an acquisition at $0.00 per unit (grant/award), so there was no cash purchase; the reported immediate value is $0 on the filing.

Key Details

• Transaction date: 2026-03-20 (reported on Form 4 filed 2026-03-24). Filing appears timely (filed within the SEC’s two-business-day window).
• Transaction type/code: A (Award/Grant).
• Units granted: 167,163 RSUs; reported acquisition price: $0.00; reported dollar value at grant: $0.
• Vesting: RSUs convert one-for-one into common shares in three equal installments, beginning April 1, 2027 and on each of the next two anniversaries, subject to continued employment/service (per footnote).
• Shares owned after transaction: not specified in the provided summary of the filing.
• No 10b5-1 plan, tax withholding, or sale indicated in this filing.

Context
RSU grants are a form of equity compensation — they are not an open-market purchase or sale. These RSUs will vest into actual shares over the next three years if McGillis remains employed or continues service, so the award does not immediately increase his voting shares until vesting occurs. Such grants are common as compensation and should be read as part of overall insider holdings and company pay practices rather than a direct buy/sell signal.