Executive Secures Equity in CIM Real Estate Finance Trust

Restricted stock units granted to Jason K. Schreiber underscore ongoing leadership investments.

December 12, 2024

Equity Compensation Aligned with Leadership Strategy

Jason K. Schreiber, a director at CIM Real Estate Finance Trust, recently expanded his stake in the company through an equity grant reported in an SEC Form 4 filing. The transaction, dated December 10, 2024, involves the acquisition of 49,261.084 restricted stock units (RSUs) awarded under the company’s executive compensation plan.

These RSUs will vest over three years in equal annual installments starting December 15, 2024. Each unit represents a right to receive one share of common stock, with payouts structured as 50 percent in shares and the remaining 50 percent in cash based on the share's value at the time of vesting.

Post-transaction, Schreiber holds 128,500.387 shares of CIM’s common stock, marking his continued alignment with the organization’s growth and operational goals.

Long-Term Value Creation for Shareholders

The equity award highlights CIM Real Estate Finance Trust’s commitment to fostering alignment between its executive leadership and shareholders. By tying compensation to long-term company performance, the firm ensures that its leaders are incentivized to deliver consistent and sustainable growth.

Based in Phoenix, Arizona, CIM Real Estate Finance Trust is a prominent player in the real estate finance sector. Its focus on strategic management and financial stewardship is reinforced by executive compensation practices such as these RSU grants.

This compensation structure reflects broader trends in corporate governance, emphasizing equity-based incentives as a tool to motivate leadership while safeguarding shareholder interests. With strategic measures like these, CIM Real Estate Finance Trust positions itself for sustained growth and value generation in the real estate market.