Form 4: Reinsmidt Kathryn A. reports multiple insider transactions in CBL

Rhea-AI Filing Summary

Reinsmidt Kathryn A. reported multiple insider transaction types in a Form 4 filing for CBL. The filing lists transactions totaling 81,684 shares at a weighted average price of $36.13 per share. Following the reported transactions, holdings were 95,385 shares.

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

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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^*

Reinsmidt Kathryn A.

(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)
	EVP - Chief Operating Officer

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		F		1,716	D	$36.545	95,385	D
Common Stock	02/11/2026		A(1)		7,474	A	$0	102,859	D
Common Stock	02/11/2026		A(2)		43,035	A	$0	145,894	D
Common Stock	02/11/2026		A(3)		21,140	A	$0	167,034	D
Common Stock	02/11/2026		F		8,319	D	$36.045	158,715	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.

2. Grant of restricted Common Stock in accordance with the Reporting Person's 2023 Performance Stock Unit Award Agreement.

3. Common Stock issued in accordance with the Reporting Person's 2022 Performance Stock Unit Award Agreement.

	/s/ Jeffery V. Curry, attorney-in-fact for Kathryn A. Reinsmidt	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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transactions did CBL (CBL) officer Kathryn Reinsmidt report?

Kathryn A. Reinsmidt reported equity transactions in CBL common stock on February 11, 2026. They included tax-withholding dispositions and grants of restricted and performance-based shares under company equity incentive and performance stock unit award agreements, all held as direct ownership afterward.

How many CBL (CBL) shares did Kathryn Reinsmidt dispose of for taxes?

She used CBL shares to cover tax obligations through two transactions. These tax-withholding dispositions involved 1,716 shares at $36.545 per share and 8,319 shares at $36.045 per share, with no indication of open-market selling activity in the filing.

What CBL (CBL) stock awards did Kathryn Reinsmidt receive on February 11, 2026?

She received several stock awards on that date. The filing shows 7,474 restricted shares under the 2021 Equity Incentive Plan, plus 43,035 and 21,140 shares issued under her 2023 and 2022 Performance Stock Unit Award Agreements, all at $0 per share.

How many CBL (CBL) shares does Kathryn Reinsmidt own after these transactions?

After the reported grants and tax-withholding dispositions, Kathryn A. Reinsmidt directly owned 158,715 shares of CBL common stock. This total reflects all acquisitions and dispositions listed in the Form 4 for the February 11, 2026 transaction date.

Were Kathryn Reinsmidt’s CBL (CBL) transactions open-market buys or sells?

The filing does not show open-market buys or sells. Dispositions coded F are described as tax-withholding transactions, and acquisitions coded A are grants or awards of stock under equity and performance plans, all at a stated price of $0 per share.

Which CBL (CBL) incentive plans are referenced in Kathryn Reinsmidt’s Form 4?

Her transactions reference three plan-related sources. One grant is under the 2021 Equity Incentive Plan, while additional share issuances are tied to her 2023 and 2022 Performance Stock Unit Award Agreements, as described in the Form 4 footnotes.