CBL (CBL) legal chief uses share withholding to cover tax liability

Rhea-AI Filing Summary

CBL & Associates Properties Chief Legal Officer Jeffery V. Curry reported share dispositions made for tax withholding, not open-market sales. On February 17, 2026, the company withheld 1,146 common shares at $35.59 and 1,515 shares at $36.125 to cover taxes tied to restricted stock vesting. After these tax-withholding dispositions, Curry directly owned 150,975 common shares, including 71,562 shares held in a joint account with his spouse and a portion held in his retirement account.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Curry Jeffery V.

Role Chief Legal Officer & Sec.

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,146	$35.59	$41K
Tax Withholding	Common Stock	1,515	$36.125	$55K

Holdings After Transaction: Common Stock — 152,490 shares (Direct)

Footnotes (1)

1. On February 17, 2026, the Issuer calculated and notified the Reporting Person of the number of shares to be withheld for taxes in connection with the vesting of shares from prior restricted stock awards on February 12, 2026 (determined using the $35.59 average of the high and low NYSE prices reported for Issuer's common stock on such date) and on February 15, 2026 (using the $36.125 average of the high and low NYSE prices reported for Issuer's common stock on February 13, 2026, the last trading day prior to the vesting date). Of the total reported shares, 71,562 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Curry Jeffery V.

(Last) (First) (Middle)

CBL CENTER, STE 500

2030 HAMILTON PLACE BLVD.

(Street)

CHATTANOOGA TN 37421

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CBL & ASSOCIATES PROPERTIES INC [ CBL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer & Sec.

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/17/2026		F		1,146	D	$35.59(1)	152,490	D(2)
Common Stock	02/17/2026		F		1,515	D	$36.125(1)	150,975	D(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On February 17, 2026, the Issuer calculated and notified the Reporting Person of the number of shares to be withheld for taxes in connection with the vesting of shares from prior restricted stock awards on February 12, 2026 (determined using the $35.59 average of the high and low NYSE prices reported for Issuer's common stock on such date) and on February 15, 2026 (using the $36.125 average of the high and low NYSE prices reported for Issuer's common stock on February 13, 2026, the last trading day prior to the vesting date).

2. Of the total reported shares, 71,562 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.

	/s/ Jeffery V. Curry	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CBL (CBL) report for Jeffery V. Curry?

CBL reported that Chief Legal Officer Jeffery V. Curry had common shares withheld to satisfy tax liabilities from restricted stock vesting. These transactions were coded as tax-withholding dispositions, not open-market purchases or sales, and adjusted his directly owned share count accordingly.

How many CBL (CBL) shares were withheld for Jeffery V. Curry’s taxes?

A total of 1,146 CBL common shares at $35.59 and 1,515 shares at $36.125 were withheld to cover Curry’s tax obligations. The share counts and prices reflect average NYSE trading prices used for calculating the tax-withholding amounts.

What does transaction code F mean in the CBL (CBL) Form 4?

Transaction code F on the CBL Form 4 indicates payment of an exercise price or tax liability by delivering securities. For Jeffery V. Curry, it reflects shares withheld by the company to satisfy tax obligations arising from restricted stock awards that recently vested.

How many CBL (CBL) shares does Jeffery V. Curry own after these transactions?

After the reported tax-withholding dispositions, Jeffery V. Curry directly owns 150,975 CBL common shares. This total includes 71,562 shares held in a joint account with his spouse and an additional portion held in his retirement account, as described in the filing.

Were Jeffery V. Curry’s CBL (CBL) transactions open-market sales?

No. The reported CBL transactions for Jeffery V. Curry were tax-withholding dispositions, not open-market sales. Shares were withheld by the issuer to cover tax liabilities associated with restricted stock awards that vested on specified February 2026 vesting dates.