CBL & Associates officer reports sale of 2,460 shares

CBL & Associates Properties Inc. executive vice president of leasing Howard Grody reported a routine insider stock transaction.

Rhea-AI Filing Summary

CBL & Associates Properties Inc. executive vice president of leasing Howard Grody reported a routine insider stock transaction. On 12/17/2025, he disposed of 2,460 shares of CBL common stock in a transaction coded "F" at a price of $37.365 per share. After this transaction, he beneficially owns 51,342 shares of CBL common stock.

The filing notes that this total includes 24 shares held in an account owned jointly by Grody and his spouse. The form is filed as a single‑reporting‑person Form 4, reflecting his status as an officer of the company.

Insider Trade Summary

Exercise Price or Tax Liability: 2,460 shares

Exercise Price or Tax Liability 1 txn

Insider Grody Howard B.

Role Exec VP-Leasing

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,460	$37.365	$92K

Holdings After Transaction: Common Stock — 51,342 shares (Direct)

Footnotes (1)

1. F1. This total includes 24 shares held in an account owned jointly by the Reporting Person and his spouse.

FAQ

What insider transaction was reported in this CBL (CBL) Form 4 filing?

The filing reports that executive vice president of leasing Howard Grody disposed of 2,460 shares of CBL & Associates Properties Inc. common stock on 12/17/2025 in a transaction coded "F" at $37.365 per share.

How many CBL (CBL) shares does the reporting person own after the transaction?

After the reported transaction, the reporting person beneficially owns 51,342 shares of CBL common stock.

Does the CBL (CBL) Form 4 include any jointly owned shares?

Yes. The filing explains that the total beneficial ownership of 51,342 shares includes 24 shares held in an account owned jointly by the reporting person and his spouse.

What is the role of the reporting person at CBL & Associates Properties Inc. (CBL)?

The reporting person is identified as an officer of CBL & Associates Properties Inc., holding the title of Executive Vice President – Leasing.

Is this CBL (CBL) Form 4 filed by one reporting person or multiple?

The document states that it is a Form filed by one reporting person, not a joint or group filing.

What does transaction code "F" indicate in this CBL (CBL) Form 4?

The Form 4 lists the transaction with code "F" in the transaction code column. This is the code used by the reporting person for this disposition of 2,460 shares on 12/17/2025.

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Accepted by SEC EDGAR 12/18/2025 - 04:29 PM Learn about SEC filing dates

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^*

Grody Howard B.

(Last) (First) (Middle)

2030 HAMILTON PLACE BLVD

CBL CENTER, STE. 500

(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)
	Exec VP-Leasing

3. Date of Earliest Transaction (Month/Day/Year)
12/17/2025

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	12/17/2025		F		2,460	D	$37.365	51,342	D(1)

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. This total includes 24 shares held in an account owned jointly by the Reporting Person and his spouse.

	/s/ Jeffery V. Curry, attorney-in-fact for Howard Grody	12/18/2025
	** 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.