CBL & Associates (NYSE: CBL) COO sells 17,515 shares in August trade
Rhea-AI Filing Summary
CBL & ASSOCIATES PROPERTIES INC (CBL) reported that EVP and Chief Operating Officer Kathryn A. Reinsmidt sold 17,515 shares of common stock on 2026-08-18 in an open market or private transaction at a weighted average price of $57.102 per share, with individual sale prices ranging from $56.600 to $57.591. Following this sale, she directly holds 138,539 shares of CBL common stock. The filing indicates the trades were not made pursuant to a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary
Net Seller: 17,515 shares
Net Sell
1 txn
Insider
Reinsmidt Kathryn A.
Role
EVP - Chief Operating Officer
Sold
17,515 shs ($1.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 17,515 | $57.102 | $1.00M |
Holdings After Transaction:
Common Stock — 138,539 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $ 56.600 to $57.591, inclusive. The Reporting Person undertakes to provide to any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information already provided to the Issuer regarding the number of shares sold at each separate price within such range. Please submit any such request through the Issuer's Chief Legal Officer, Jeffery V. Curry.
Key Figures
Shares sold: 17,515 shares
Weighted average sale price: $57.102 per share
Sale price range low: $56.600 per share
+2 more
5 metrics
Shares sold
17,515 shares
Common stock sold by Kathryn A. Reinsmidt on 2026-08-18
Weighted average sale price
$57.102 per share
Weighted average price for the 17,515 shares sold
Sale price range low
$56.600 per share
Lowest price in the multiple transactions reported for this sale
Sale price range high
$57.591 per share
Highest price in the multiple transactions reported for this sale
Shares held after transaction
138,539 shares
Direct ownership of CBL common stock by Kathryn A. Reinsmidt after the sale
Key Terms
weighted average price, open market or private transaction, Rule 10b5-1
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
Rule 10b5-1 regulatory
"The filing indicates the trades were not made pursuant to a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did CBL (CBL) disclose in this Form 4?
CBL disclosed that EVP and Chief Operating Officer Kathryn A. Reinsmidt sold 17,515 shares of CBL common stock on 2026-08-18 in an open market or private transaction at a weighted average price of $57.102 per share.
Was the reported CBL (CBL) insider sale made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so the sale of 17,515 shares by Kathryn A. Reinsmidt was not reported as executed under a Rule 10b5-1 trading plan.
Who is the insider involved in the latest CBL (CBL) Form 4 filing and what is her role?
The insider is Kathryn A. Reinsmidt, who serves as Executive Vice President and Chief Operating Officer of CBL & ASSOCIATES PROPERTIES INC. She reported selling 17,515 shares of CBL common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.