CEO Richard Mack Buys $351K of CMTG Stock at $1.59
CMTG is trading near its 52-week low of $1.435 (11% above the low) on light trading volume (0.4× avg).
Summary
CEO and Chairman Richard Mack bought 220,603 shares of Claros Mortgage Trust for $351,241 at $1.59 per share on September 3-4, 2026, increasing his direct holdings to 3.11 million shares.
Key Events · Ownership and Investor Activity · CMTG
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CEO Buys $351K of Stock
Richard Mack, CEO and Chairman, purchased 220,603 shares for $351,241 at $1.59 per share across two transactions on September 3-4, 2026.
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Post-Transaction Holdings
Direct holdings increased to 3,110,911 shares following the purchases.
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Follows CFO Purchase
This follows President and CFO Mike McGillis's $42,730 purchase of 25,000 shares at $1.71 on August 10, 2026.
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Context: Q2 Loss
The purchases come after a $255.4 million Q2 net loss driven by a $208.8 million CECL provision, which pushed book value down to $8.58 per share.
Analysis · CMTG · Real Estate & Construction
CEO and Chairman Richard Mack purchased 220,603 shares for $351,241 across two transactions on September 3-4, 2026, at $1.59 per share. This follows the CFO's $42,730 purchase on August 10, 2026, and comes after a $255.4 million Q2 net loss driven by a $208.8 million CECL provision. The CEO's open-market buy is a real cash commitment at a time when the stock trades near $1.60 and book value has fallen to $8.58 per share, suggesting management sees value despite the credit deterioration.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30.2% of the 2009 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CMTG was trading at $1.60 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $217.3M. The 52-week trading range was $1.44 to $3.99. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.