CBL Form 4 reports acquisition/exercise transactions

CONTIS DAVID J reported acquisition or exercise transactions in a Form 4 filing for CBL.

Rhea-AI Filing Summary

CONTIS DAVID J reported acquisition or exercise transactions in a Form 4 filing for CBL. The filing lists transactions totaling 50,000 shares. Following the reported transactions, holdings were 117,170 shares.

Insider Trade Summary

Grant/Award: 50,000 shares

Grant/Award 1 txn

Insider CONTIS DAVID J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	50,000	$0.00	$0.00

Holdings After Transaction: Common Stock — 117,170 shares (Direct)

Footnotes (1)

1. F1. Grant of restricted Common Stock pursuant to the 2021 Equity Incentive Plan.

FAQ

What insider transaction did CBL (CBL) disclose in this Form 4?

CBL reported that director David J. Contis received a grant of 50,000 shares of Common Stock on February 11, 2026. The award was structured as restricted stock under the 2021 Equity Incentive Plan, not an open-market stock purchase.

Did the CBL (CBL) director buy or receive shares in this filing?

The CBL director received shares rather than buying them in the market. The Form 4 shows an “A” transaction code, indicating a grant or award of 50,000 restricted Common Stock shares under the 2021 Equity Incentive Plan at $0 per share.

How many CBL (CBL) shares does David J. Contis own after this grant?

After this equity award, David J. Contis beneficially owns 117,170 shares of CBL Common Stock. The Form 4 indicates these shares are held in direct ownership, reflecting his position as a director of the company.

What is the nature of the 50,000-share award reported by CBL (CBL)?

The 50,000-share award is a grant of restricted Common Stock under CBL’s 2021 Equity Incentive Plan. According to the footnote, this represents equity-based compensation for the director, rather than a cash purchase of shares on the open market.

What does the $0 price per share mean in the CBL (CBL) Form 4?

The reported $0 per share price reflects that the director did not pay cash for the shares. Instead, he received 50,000 restricted shares of CBL Common Stock as an equity incentive grant, consistent with the 2021 Equity Incentive Plan terms.

Who is the reporting person in the latest CBL (CBL) insider filing?

The reporting person is David J. Contis, identified as a director of CBL & Associates Properties Inc. The Form 4 lists him as filing individually, with the transaction reflecting a direct grant of restricted Common Stock under the company’s equity incentive plan.

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Accepted by SEC EDGAR 02/13/2026 - 02:01 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
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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^*

CONTIS DAVID J

(Last) (First) (Middle)

C/O CBL PROPERTIES

2030 HAMILTON PLC BLVD, CBL CTR, 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

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	02/11/2026		A(1)		50,000	A	$0	117,170	D

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. Grant of restricted Common Stock pursuant to the 2021 Equity Incentive Plan.

	/s/ Jeffery V. Curry, attorney-in-fact for David J. Contis	02/13/2026
	** 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).
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