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
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 672 | $0.00 | -- |
Footnotes (1)
- The transaction reported on the original Form 4 should be considered withdrawn and replaced by this Form 4/A. After the Form 4 was filed, the Reporting Person was advised by his broker that the shares were rejected by the donee's receiving broker due to a processing error, so the originally reported gift of 668 shares was not completed. This Form 4/A reflects a replacement gift totaling 672 shares that was completed effective 12/31/2025. Of the total reported shares, 14,082 shares are held in an account held jointly by the Reporting Person and his spouse, and a portion is held in the Reporting Person's retirement account.
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.
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.