Form 4: Haga Christopher W reports acquisition/exercise transactions in CTO
Rhea-AI Filing Summary
Haga Christopher W reported acquisition or exercise transactions in a Form 4 filing for CTO. The filing lists transactions totaling 3,462 shares at a weighted average price of $18.05 per share. Following the reported transactions, holdings were 29,937 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,462 shares
Net Buy
2 txns
Insider
Haga Christopher W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,462 | $18.05 | $62K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,937 shares (Direct);
Common Stock — 28,520 shares (Indirect, By The Elizabeth Bennett Haga Irrevocable Trust)
Footnotes (1)
- F1. These shares were issued to the Reporting Person as his $62,500 "Annual Award" pursuant to the Issuer's Non-Employee Director Compensation Policy (the "Policy") adopted by the Issuer's board of directors on February 27, 2019 (last amended February 14, 2024). Pursuant to the Policy, the share price utilized to calculate the number of shares issued was the 20-day trailing average closing price as of February 5, 2026, or $18.05000.
FAQ
What insider transaction did CTO (CTO) report for Christopher W. Haga?
Christopher W. Haga received 3,462 CTO shares as an equity grant. The award was his $62,500 Annual Award under the Non-Employee Director Compensation Policy, based on a 20-day trailing average share price of $18.05 as of February 5, 2026.
Was the CTO (CTO) insider transaction an open-market purchase or a grant?
The CTO transaction was a share grant, not an open-market trade. Haga’s 3,462 shares were issued as his $62,500 Annual Award under the company’s Non-Employee Director Compensation Policy, using a calculated average share price instead of a market purchase.
What is the basis of the $62,500 Annual Award reported for CTO (CTO) director Haga?
The $62,500 Annual Award is set by CTO’s director compensation policy. The policy grants non-employee directors equity each year, with the number of shares determined by dividing the fixed dollar award by a 20-day trailing average closing stock price.
AI-generated analysis. How Rhea-AI works. Not financial advice.