[Form 4] CTO Realty Growth, Inc. Insider Trading Activity

Rhea-AI Filing Summary

CTO Realty Growth Director George R. Brokaw reported a significant insider purchase on June 26, 2025. The transaction involved the acquisition of 2,000 shares of Common Stock at a price of $16.94 per share, representing a total investment of $33,880.

Following this purchase, Brokaw's direct ownership increased to 91,701 shares. Additionally, he holds indirect beneficial ownership of 3,858 shares through the Babette Brokaw Revocable Trust, where he serves as beneficiary and trustee.

This insider buying activity may signal management's confidence in the company's future prospects. The transaction was executed through Form 4 filing requirements under Section 16(a) of the Securities Exchange Act of 1934 and was reported via power of attorney through Daniel E. Smith.

Positive

• Director George R. Brokaw purchased 2,000 shares at $16.94 per share in an open market transaction, demonstrating insider confidence in the company

Negative

• None.

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^*

Brokaw George R

(Last) (First) (Middle)

ECHOSTAR CORP.

9601 S MERIDIAN BLVD

(Street)

ENGLEWOOD CO 80112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CTO Realty Growth, Inc. [ CTO ]

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)
06/26/2025

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	06/26/2025		P		2,000	A	$16.94	91,701	D
Common Stock								3,858	I	Babette Brokaw Revocable Trust(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. These securities are held directly by the above-named trust, of which the Reporting Person is a beneficiary and trustee.

	/s/ Daniel E. Smith, attorney-in-fact for George R. Brokaw	06/26/2025
	** 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.

FAQ

How many CTO shares did George Brokaw purchase on June 26, 2025?

George Brokaw purchased 2,000 shares of CTO Realty Growth, Inc. common stock at a price of $16.94 per share on June 26, 2025.

What is George Brokaw's total direct ownership of CTO stock after the June 2025 purchase?

Following the reported transaction, George Brokaw directly owns 91,701 shares of CTO Realty Growth, Inc. common stock.

Does George Brokaw have any indirect ownership of CTO shares?

Yes, George Brokaw indirectly owns 3,858 shares of CTO stock through the Babette Brokaw Revocable Trust, where he serves as a beneficiary and trustee.

What is George Brokaw's role at CTO Realty Growth?

According to the Form 4 filing, George Brokaw serves as a Director of CTO Realty Growth, Inc.

What was the total value of George Brokaw's CTO stock purchase in June 2025?

The total value of George Brokaw's purchase was $33,880, calculated from 2,000 shares at $16.94 per share.