CBL & Associates (CBL) officer amends Form 4 for 672-share stock gift
Rhea-AI Filing Summary
CBL & Associates Properties, Inc. filed an amended insider trading report for its Chief Legal Officer and Secretary. The Form 4/A updates a previously reported gift of common stock that was not completed due to a broker processing error. Instead of the original 668-share gift, the officer made a replacement gift of 672 shares of common stock effective 12/31/2025, reported with transaction code G for a gift at a price of $0 per share. After this transaction, the officer beneficially owns 92,011 shares of CBL common stock. Of these, 14,082 shares are held in a joint account with the officer’s spouse, and a portion is held in the officer’s retirement account.
Positive
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Negative
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FAQ
What did the CBL (CBL) insider report in this amended Form 4/A?
The Chief Legal Officer and Secretary of CBL & Associates Properties, Inc. reported a corrected gift of 672 shares of common stock effective 12/31/2025, replacing an earlier gift that was not completed.
Why was an amended Form 4/A filed for CBL & Associates Properties, Inc. (CBL)?
The amendment states that the originally reported gift of 668 shares was rejected by the donee’s broker due to a processing error, so that gift was not completed. The Form 4/A reflects a replacement gift of 672 shares completed on 12/31/2025.
How many CBL (CBL) shares did the insider gift in the corrected transaction?
The insider reported a completed gift of 672 shares of CBL common stock, designated with transaction code G and a reported price of $0 per share.
How many CBL shares does the reporting person own after this transaction?
Following the reported gift, the officer beneficially owns 92,011 shares of CBL common stock.
How are the reporting person’s CBL (CBL) shares held?
Of the total 92,011 shares, the filing notes that 14,082 shares are held in a joint account with the reporting person’s spouse, and a portion is held in the reporting person’s retirement account.
What is the reporting person’s role at CBL & Associates Properties, Inc. (CBL)?
The reporting person is an officer of the company, serving as Chief Legal Officer & Secretary, and filed this Form 4/A as a single reporting person.