Form 4: Cousins Properties CFO Acquires 32,505 Shares

Gregg D. Adzema, EVP and CFO of Cousins Properties Inc., acquired 32,505 shares of common stock through the settlement of Restricted Stock Units.

Summary

• Gregg D. Adzema, Executive Vice President and Chief Financial Officer of Cousins Properties Inc. (CUZ), acquired 32,505 shares of common stock.
• The acquisition occurred on February 2, 2026, at a price of $24.84 per share.
• This transaction represents the settlement of Restricted Stock Units (RSUs) granted on February 16, 2023, under the CPI 2019 Omnibus Incentive Stock Plan.
• The RSUs 'cliff' vested at the end of a three-year performance period ending December 31, 2025, subject to the achievement of certain previously disclosed performance conditions.
• Performance achievement was approved by CPI's Board of Directors on February 2, 2026.
• The acquired shares reflect the net amount delivered after withholding necessary to satisfy applicable tax requirements.
• Following this transaction, Mr. Adzema beneficially owns 154,215 shares, which includes 44,707 restricted stock awards.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, as it signifies the successful vesting of executive compensation tied to performance and increases insider ownership, aligning management interests with shareholders.

Positives

• An executive acquiring shares through RSU settlement demonstrates continued alignment of management interests with shareholders.
• The vesting of RSUs indicates the achievement of previously disclosed performance conditions over a three-year period.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Management Comments

• The transaction reflects the settlement of Restricted Stock Units granted under the CPI 2019 Omnibus Incentive Stock Plan, subject to achievement of certain previously disclosed performance conditions.
• The acquired shares account for withholding necessary to satisfy applicable tax requirements.
• The reporting person has the right to receive all cash dividends and vote restricted shares, with unvested shares forfeiting upon termination of employment.

Industry Context

StockSavvy.ai notes that insider transactions, such as RSU settlements, are common compensation practices in the real estate investment trust (REIT) sector, aligning executive incentives with long-term shareholder value. While this specific filing does not provide broader industry trends, it reflects standard executive compensation mechanisms within publicly traded companies.

Corporate Governance

Stakeholder Impact

• Shareholders: Increased insider ownership may be viewed positively, indicating management's confidence and alignment with shareholder interests.
• Employees: Reflects the company's compensation structure for executives, potentially setting a precedent for performance-based incentives.

Key Dates

Keywords

Cousins Properties, CUZ, Gregg D. Adzema, Insider Transaction, Form 4, Restricted Stock Units, RSU, Executive Compensation, Share Acquisition, Officer Stock Ownership