CTO Realty Growth (CTO) SVP granted 10,089 restricted stock shares

Rhea-AI Filing Summary

Vorakoun Lisa reported acquisition or exercise transactions in this Form 4 filing.

CTO Realty Growth, Inc. reported that SVP & Chief Accounting Officer Lisa M. Vorakoun received an award of 10,089 shares of common stock on February 11, 2026. These are restricted shares granted at a price of $0 per share.

One-third of the restricted shares vest on each of the first, second and third anniversaries of January 28, 2026, as long as she remains an employee on those dates. After this grant, she beneficially owns 58,853 shares of CTO common stock directly, including previously awarded restricted stock that continues to vest over time.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Vorakoun Lisa

Role SVP & CHIEF ACCOUNTING OFFICER

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10,089	$0.00	--

Holdings After Transaction: Common Stock — 58,853 shares (Direct)

Footnotes (1)

1. Restricted shares one-third of which vest on each of the first, second and third anniversaries of January 28, 2026, provided that the reporting person is an employee of the Issuer on those dates. This amount consists of the 10,089 newly issued restricted shares reported above, as well as 8,484 additional shares of restricted common stock which vest over time, which were previously reported.

Form 4 Insider Transactions: What Each Field Means →

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^*

Vorakoun Lisa

(Last) (First) (Middle)

1140 N. WILLIAMSON BLVD.

SUITE 140

(Street)

DAYTONA BEACH FL 32114

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & CHIEF ACCOUNTING 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		A		10,089(1)	A	$0	58,853(2)	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. Restricted shares one-third of which vest on each of the first, second and third anniversaries of January 28, 2026, provided that the reporting person is an employee of the Issuer on those dates.

2. This amount consists of the 10,089 newly issued restricted shares reported above, as well as 8,484 additional shares of restricted common stock which vest over time, which were previously reported.

	/s/ Daniel E. Smith, attorney-in-fact for Lisa M. Vorakoun	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.
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

What insider transaction did CTO SVP Lisa Vorakoun report on this Form 4?

Lisa M. Vorakoun reported an award of 10,089 shares of CTO common stock. The shares were granted as restricted stock at a price of $0 per share on February 11, 2026, increasing her directly held beneficial ownership to 58,853 shares.

How do the CTO (CTO) restricted shares granted to Lisa Vorakoun vest?

The 10,089 restricted CTO shares vest in three equal installments. One-third vests on each of the first, second, and third anniversaries of January 28, 2026, provided she remains an employee of CTO Realty Growth, Inc. on each applicable vesting date.

What is Lisa Vorakoun’s total CTO common stock ownership after this award?

After the reported transaction, Lisa M. Vorakoun beneficially owns 58,853 shares of CTO common stock directly. This figure includes the 10,089 newly issued restricted shares plus 8,484 previously reported restricted shares that continue to vest over time.

Was the CTO stock transaction by Lisa Vorakoun a market purchase or sale?

The transaction was a grant or award of 10,089 restricted CTO common shares, not a market trade. The Form 4 shows transaction code “A,” indicating an acquisition through a grant or award at a price of $0 per share, rather than an open-market purchase or sale.

What role does Lisa Vorakoun hold at CTO Realty Growth, Inc. (CTO)?

Lisa M. Vorakoun serves as Senior Vice President and Chief Accounting Officer of CTO Realty Growth, Inc. Her Form 4 filing reports a restricted stock award tied to her employment, with vesting contingent on her continued service with the company.