CTO Realty Growth (CTO) director gets 914-share equity grant for Q2 board fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gable Robert Blakeslee reported acquisition or exercise transactions in this Form 4 filing.
CTO Realty Growth, Inc. director Robert Blakeslee received a grant of 914 shares of common stock as part of his board compensation. These shares were issued in lieu of his second-quarter 2026 board retainer fee of $12,500 and committee retainer fees of $6,562.50 under the company’s Non-Employee Director Compensation Policy.
The number of shares was calculated using a 20-day trailing average closing price of $20.8345 per share as of the last business day of the quarter. Following this award, Blakeslee directly holds 52,800 shares of CTO common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gable Robert Blakeslee
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 914 | $20.8345 | $19K |
Holdings After Transaction:
Common Stock — 52,800 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 914 shares
Implied grant price: $20.8345 per share
Board retainer fee: $12,500
+2 more
5 metrics
Shares granted
914 shares
Equity issued in lieu of Q2 2026 board and committee retainers
Implied grant price
$20.8345 per share
20-day trailing average closing price used for calculation
Board retainer fee
$12,500
Second-quarter 2026 board retainer replaced by stock
Committee retainer fees
$6,562.50
Second-quarter 2026 committee retainers paid in stock
Post-transaction holdings
52,800 shares
Director’s direct CTO common stock ownership after award
Key Terms
Non-Employee Director Compensation Policy, board retainer fee, committee retainer fees, 20-day trailing average closing price, +1 more
5 terms
Non-Employee Director Compensation Policy financial
"pursuant to the Issuer's Non-Employee Director Compensation Policy (the "Policy") adopted by the Issuer's board"
board retainer fee financial
"in lieu of his 2nd quarter 2026 board retainer fee of $12,500 and committee retainer fees"
committee retainer fees financial
"board retainer fee of $12,500 and committee retainer fees of $6,562.50 pursuant to the Issuer's"
20-day trailing average closing price financial
"the share price utilized to calculate the number of shares issued was the 20-day trailing average closing price"
Form 4 regulatory
"INSIDER FILING DATA (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.
FAQ
What insider transaction did CTO director Robert Blakeslee report on this Form 4?
Director Robert Blakeslee reported receiving 914 CTO Realty Growth common shares as compensation. The shares were granted instead of cash fees for his second-quarter 2026 board and committee retainers, reflecting routine non-employee director compensation rather than an open-market stock purchase.
Is Robert Blakeslee’s CTO stock grant an open-market purchase or compensation award?
The 914-share transaction is a compensation award, not an open-market stock purchase. CTO Realty Growth issued the shares in lieu of cash board and committee retainer fees, consistent with its Non-Employee Director Compensation Policy for non-employee directors.