SEC Filing Analysis: CIM REAL ESTATE FINANCE TRUST, INC. (NONE)

Executive Summary

• Trading Significance: Low
• Key Takeaway: A director acquired 21,416.731 shares of common stock following the vesting of Restricted Stock Units (RSUs) as part of a pre-arranged compensation package.
• Market Impact: Neutral. This is a routine compensation-related event, not a discretionary market transaction, and is unlikely to influence market sentiment.

Company Information

Field	Value
Company	CIM REAL ESTATE FINANCE TRUST, INC.
Ticker Symbol	NONE
CIK	0001498547
Industry	REAL ESTATE INVESTMENT TRUSTS

Insider Information

Field	Value
Name	Schreiber Jason K
CIK	0001923525
Title/Position	null
Relationship	Director

Transaction Details

Field	Value
Form Type	4
Transaction Date	2025-12-15
Transaction Code	M (Exercise or conversion of derivative security)
Security Type	Common Stock
Shares Involved	21,416.731
Price Per Share	null
Total Value	null
Shares Owned After	21,416.731
Ownership Type	Direct

Additional Context

Transaction Notes

• Nature of Transaction: The filing reports the vesting of 42,833.462 Restricted Stock Units (RSUs). Per the footnotes, these RSUs settled with 50% being converted into 21,416.731 shares of common stock and the other 50% paid in cash.
• Insider's Position: This transaction represents the director's initial direct holding of common stock. Following the transaction, the insider still holds 157,775.992 unvested RSUs, indicating a continued long-term incentive alignment with the company.