Curbline Pptys Corp SEC Filings

Curbline Properties Corp. is registering 10,000,000 shares of common stock (or up to 11,500,000 shares if the underwriters’ option is exercised) through forward sale agreements with Goldman Sachs, Morgan Stanley and Wells Fargo. The forward purchasers will initially sell borrowed shares to the underwriters; the Company expects to receive net proceeds upon physical settlement, which it anticipates will occur within approximately 18 months of this prospectus supplement.

The prospectus supplement states the public offering price is $30.85 per share and that the Company estimates net proceeds of approximately $306.3 million (or $352.2 million if the option is exercised), assuming full physical settlement and based on the initial adjusted forward sale price. The Company may elect cash or net share settlement instead of physical settlement; such elections can eliminate proceeds or require cash or share payments and could affect the Company’s REIT tax treatment.

Curbline Properties Corp. registers 10,000,000 shares of common stock (up to 11,500,000 shares if the underwriters’ option is exercised) for delivery in this offering pursuant to forward sale agreements. The shares are being sold to underwriters by forward purchasers who are expected to borrow and deliver the shares; the Company states it will not receive proceeds from those sales unless and until it physically settles the forward sale agreements, which it anticipates may occur within approximately 18 months. The prospectus supplement describes forward sale agreement mechanics, settlement alternatives (physical settlement, cash settlement or net share settlement), acceleration rights held by forward purchasers and related REIT tax and dilution risks.

Fennerty Conor reported acquisition or exercise transactions in this Form 4 filing.

Curbline Properties Corp. reported that EVP, CFO & Treasurer Conor Fennerty received a grant of 49,326 shares of Common Stock as Restricted Stock Awards made under his Amended and Restated Employment Agreement dated June 25, 2026. These awards were granted at $0.0000 per share, reflecting compensation rather than an open-market purchase. Following this grant, Fennerty directly owns 209,014 shares of Curbline Properties Corp. common stock.

Cattonar John M reported acquisition or exercise transactions in this Form 4 filing.

Curbline Properties Corp. executive John M. Cattonar, EVP & Chief Investment Officer, received a grant of 45,051 shares of Common Stock as Restricted Stock Awards. The grant was made at $0.00 per share under his Amended and Restated Employment Agreement dated June 25, 2026. After this compensation-related award, his direct holdings total 183,189 shares, reflecting a routine increase in equity-based pay rather than an open-market trade.

Curbline Properties Corp. amended and restated employment agreements with Executive Vice President, Chief Financial Officer and Treasurer Conor Fennerty and Executive Vice President and Chief Investment Officer John Cattonar. The new agreements extend their terms through June 25, 2029, replacing contracts that would have expired on September 30, 2026.

Base salaries increase to $650,000 for Mr. Fennerty (from $600,000) and $550,000 for Mr. Cattonar (from $500,000). Mr. Fennerty will receive annual performance-based equity awards with a target value of at least $600,000 and time-based equity awards of at least $250,000, while Mr. Cattonar will receive at least $600,000 in performance-based and $150,000 in time-based equity awards each year.

Both agreements move time-based awards to three-year ratable vesting, add change in control severance protections for certain terminations within three months before a change in control, and remove outdated references. As consideration for extending their terms, Mr. Fennerty will receive a $1,500,000 backloaded restricted stock award and Mr. Cattonar a $1,370,000 award, each vesting 15% on the second and third anniversaries, 20% on the fourth, and 50% on the fifth. The Compensation Committee approved these changes to retain the executives and align their pay with the Company’s peer group.

Curbline Properties Corp. established a new at-the-market equity offering program allowing sales of up to $400 million of common stock through multiple sales agents and related forward sale arrangements. Shares may be sold over time on the NYSE or in other transactions at prevailing market prices.

The company also entered into master forward confirmations with several banks, enabling forward sale agreements where banks borrow and sell shares and Curbline later settles in cash or shares. Commissions to agents and forward sellers are capped at 2.0% of the gross sales or initial forward sale price.

Curbline plans to use any net proceeds for general corporate purposes, including property acquisitions, working capital, capital expenditures, and debt repayment. The prior ATM program was terminated, leaving $7.1 million of capacity unused and $199.9 million of existing forward sale agreements outstanding.

Curbline Properties Corp. has launched an at-the-market equity program under an Equity Sales Agreement dated June 2, 2026 to offer up to $400,000,000 aggregate gross sales price of common stock through a group of agents and potential forward purchasers. The program replaces a prior ATM; approximately $7.1 million remained unsold under the prior program and ~$199.9 million of forward-sale commitments entered under the prior program remain outstanding. The offering permits sales on the NYSE at prevailing market prices, negotiated block trades, or other lawful methods, and contemplates forward sale agreements that may be physically settled, cash settled or net share settled. The company intends to use net proceeds for general corporate purposes, including acquisitions, working capital and debt repayment. Shares outstanding were 105,220,092 as of October 1, 2025.

Curbline Properties Corp. President & CEO David R. Lukes reported several bona fide gifts of common stock made through family trusts on May 11, 2026. The filing shows four gift transactions totaling 252,000 shares of common stock at a stated price of $0.0000 per share, indicating non-market, no‑consideration transfers.

The gifted shares were held indirectly through the Elizabeth G Lukes 2025 Revocable Trust and three 2025 Irrevocable Trusts for the Lukes children. After these transactions, Lukes’ direct ownership stands at 506,597 shares of common stock, while each child’s trust reflects 42,000 shares indirectly owned.

Curbline Properties Corp. reported the results of its annual stockholder meeting held on May 7, 2026. Stockholders elected two Class II directors, Jane E. DeFlorio and Barry A. Sholem, each to serve until the next annual meeting and until a successor is elected and qualified.

Stockholders approved, on an advisory basis, the compensation of the company’s named executive officers and indicated a preference to hold this advisory vote every year. The Board decided to hold say-on-pay votes annually consistent with this result. Stockholders also ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the year ending December 31, 2026.