CBL executive sells 5,728 shares in open market

CBL & Associates Properties Inc. executive vice president of leasing Howard B. Grody reported open-market sales of a total of 5,728 shares of Common Stock.

Rhea-AI Filing Summary

CBL & Associates Properties Inc. executive vice president of leasing Howard B. Grody reported open-market sales of a total of 5,728 shares of Common Stock. The shares were sold at prices of about $47.92 and $48.06 per share.

After these transactions, Grody directly owns 76,311 shares of Common Stock, which includes 22 shares held in a jointly owned account with his spouse. These trades represent a partial reduction of his equity position rather than a full exit.

Insider Trade Summary

Net Seller: 5,728 shares

Net Sell 2 txns

Insider Grody Howard B.

Role Exec VP-Leasing

Sold 5,728 shs ($275K)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,728	$48.058	$227K
Sale	Common Stock	1,000	$47.92	$48K

Holdings After Transaction: Common Stock — 76,311 shares (Direct)

Footnotes (1)

1. F1. This total includes 22 shares held in an account owned jointly by the Report Person and his spouse.

Key Figures

Total shares sold: 5,728 shares Sale price (lot 1): $47.92 per share Sale price (lot 2): $48.06 per share +2 more

5 metrics

Total shares sold 5,728 shares Open-market sales of Common Stock

Sale price (lot 1) $47.92 per share 1,000-share open-market sale

Sale price (lot 2) $48.06 per share 4,728-share open-market sale

Shares held after transactions 76,311 shares Direct ownership after reported sales

Jointly owned shares 22 shares Included in post-transaction total with spouse

Key Terms

open-market sale, Common Stock, Form 4, executive vice president of leasing

4 terms

open-market sale financial

"reported open-market sales of a total of 5,728 shares of Common Stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"reported open-market sales of a total of 5,728 shares of Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"Howard B. Grody reported on this Form 4"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

executive vice president of leasing financial

"serves as executive vice president of leasing at CBL & Associates"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did CBL (CBL) executive Howard B. Grody report on this Form 4?

Howard B. Grody reported selling a total of 5,728 shares of CBL Common Stock in open-market transactions. These sales are disclosed as routine insider trades and do not involve any derivative exercises or special transaction codes beyond standard sale activity.

How many CBL (CBL) shares did the executive sell and at what prices?

The executive sold 5,728 CBL Common Stock shares in two transactions. One sale covered 1,000 shares at about $47.92 per share, and the other covered 4,728 shares at about $48.06 per share, both reported as open-market sales.

How many CBL (CBL) shares does Howard B. Grody hold after these sales?

Following the reported transactions, Howard B. Grody holds 76,311 shares of CBL Common Stock directly. This total includes 22 shares in an account owned jointly with his spouse, as specifically noted in the Form 4 footnote disclosure.

What is the role of the insider involved in this CBL (CBL) Form 4 filing?

The reporting person, Howard B. Grody, serves as executive vice president of leasing at CBL & Associates Properties Inc. His Form 4 reports personal trading activity in the company’s Common Stock, specifically open-market sales executed on June 18, 2026.

Were any derivatives or options involved in this CBL (CBL) insider transaction?

No derivatives or stock options were reported in this Form 4. The filing shows only non-derivative Common Stock sales, and the derivative holdings section is empty, indicating no option exercises or other derivative transactions disclosed in this particular report.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/22/2026 - 09:11 AM EDT 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 TENNESSEE 37421

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026

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

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

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

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	06/18/2026		S		4,728	D	$48.058	77,311	D(1)
Common Stock	06/18/2026		S		1,000	D	$47.92	76,311	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 22 shares held in an account owned jointly by the Report Person and his spouse.

	/s/ Jeffery V. Curry, attorney-in-fact for Howard Grody	06/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)