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

Rhea-AI Filing Summary

Gable Robert Blakeslee reported acquisition or exercise transactions in this Form 4 filing.

CTO Realty Growth, Inc. director Robert Blakeslee Gable received an equity award of 1,009 shares of common stock, valued at $18.8835 per share. The shares were issued as payment in kind for his 1st quarter 2026 board retainer of $12,500 and committee retainers of $6,562.50 under the company’s Non-Employee Director Compensation Policy, which uses a 20-day trailing average closing price to determine the share amount. Following this grant, he directly holds 51,886 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gable Robert Blakeslee

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,009	$18.8835	$19K

Holdings After Transaction: Common Stock — 51,886 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 1,009 shares Grant price per share: $18.8835 per share Board retainer replaced: $12,500 +3 more

6 metrics

Shares granted 1,009 shares Equity award for Q1 2026 board and committee retainers

Grant price per share $18.8835 per share 20-day trailing average closing price used for award

Board retainer replaced $12,500 1st quarter 2026 board retainer fee paid in shares

Committee retainers replaced $6,562.50 Q1 2026 committee retainer fees paid in shares

Total retainers replaced $19,062.50 Sum of board and committee fees paid via share grant

Shares owned after grant 51,886 shares Director’s total direct CTO common stock holdings post-transaction

Key Terms

Non-Employee Director Compensation Policy, board retainer fee, committee retainer fees, 20-day trailing average closing price

4 terms

Non-Employee Director Compensation Policy financial

"pursuant to the Issuer's Non-Employee Director Compensation Policy (the "Policy") adopted"

board retainer fee financial

"in lieu of his 1st quarter 2026 board retainer fee of $12,500"

committee retainer fees financial

"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 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^*

Gable Robert Blakeslee

(Last) (First) (Middle)

1140 N. WILLIAMSON BLVD.

SUITE 140

(Street)

DAYTONA BEACH FLORIDA 32114

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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	04/01/2026		A		1,009	A	$18.8835(1)	51,886	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. These shares were issued to the Reporting Person in lieu of his 1st quarter 2026 board retainer fee of $12,500 and committee retainer fees of $6,562.50 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 the last business day of the calendar quarter, or $18.88350.

	/s/ Daniel E. Smith, attorney-in-fact for R. Blakeslee Gable	04/02/2026
	** 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)

FAQ

What insider transaction did CTO director Robert Blakeslee Gable report?

Director Robert Blakeslee Gable reported receiving 1,009 CTO Realty Growth common shares as an equity award. The shares were granted as compensation for his first quarter 2026 board and committee retainers under the company’s Non-Employee Director Compensation Policy.

Was the CTO Form 4 transaction a market purchase or a share grant?

The CTO Form 4 reflects a share grant, not a market purchase. Gable received 1,009 common shares as compensation in lieu of cash retainers, issued under the Non-Employee Director Compensation Policy using a formula-based average share price.

What price was used to calculate the CTO shares granted to the director?

The number of CTO shares granted was calculated using a share price of $18.88350. This price represents the 20-day trailing average closing price as of the last business day of the calendar quarter, as specified in the company’s director compensation policy.

How much board and committee compensation did the CTO share grant replace?

The share grant replaced cash retainers totaling $19,062.50. This amount consisted of a $12,500 first quarter 2026 board retainer fee and $6,562.50 in committee retainer fees, which were paid in stock under the director compensation policy.

How many CTO shares does the director own after this Form 4 transaction?

After receiving the equity award, director Robert Blakeslee Gable directly holds 51,886 CTO Realty Growth common shares. This figure reflects his total direct ownership following the grant reported in the Form 4 and indicates his continuing equity stake in the company.

What policy governs CTO’s equity compensation to non-employee directors?

CTO’s equity compensation is governed by its Non-Employee Director Compensation Policy. Under this policy, directors may receive shares instead of cash retainers, with the number of shares based on a 20-day trailing average closing price at the quarter’s last business day.