06/26/2026 | Press release | Distributed by Public on 06/26/2026 19:59
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (1) | 06/24/2026 | A | 30,433.66(2)(3) | (2)(3) | (2)(3) | Common Stock | 30,433.66 | (2)(3) | 79,229.84(2)(3) | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Thompson David Andrew 2398 E. CAMELBACK ROAD, 4TH FLOOR PHOENIX, AZ 85016 |
See Remarks | |||
| /s/ David Thompson | 06/26/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock, payable 50% in the issuer's common stock and 50% in the cash value thereof. |
| (2) | Represents (i) the 30,433.66 restricted stock units originally granted to the reporting person on June 24, 2026 as an award under the issuer's 2024 Manager Equity Incentive Plan, which will vest in three equal annual installments beginning on April 15, 2027, (ii) the remaining 12,678.29 restricted stock units originally granted to CIM Real Estate Finance Management, LLC and assigned to the reporting person on a contingent basis on March 15, 2024, which will vest on December 15, 2026, (iii) the remaining 18,062.40, 8,347.02 and 129.92 restricted stock units originally granted to CIM Real Estate Finance Management, LLC and assigned to the reporting person on a contingent basis on December 10, 2024, March 20, 2026 and March 31, 2026, respectively, which will vest in equal installments on June 30, 2026 and June 30, 2027, and (iv) the remaining 9,578.55 restricted stock units originally granted to CIM Real Estate Finance Management, |
| (3) | (Continued from footnote 2) LLC and assigned to the reporting person on a contingent basis on April 15, 2025, which will vest in equal installments on April 15, 2027 and April 15, 2028. |
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Remarks: Chief Financial Officer, Principal Accounting Officer and Treasurer |
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