Form 4: CBL & Associates Properties Exec VP Andrew Cobb Sells 6,800 Shares

Executive VP of Accounting at CBL & Associates Properties, Andrew Franklin Cobb, sold 6,800 shares of common stock at an average price of $28.8437 on January 10, 2025.

Summary

• Andrew Franklin Cobb, Executive VP of Accounting at CBL & Associates Properties, sold 6,800 shares of common stock on January 10, 2025.
• The shares were sold at a weighted average price of $28.8437.
• The price range for the multiple transactions was between $28.40 and $29.015.
• Following the transaction, Cobb beneficially owns 37,247 shares, including 20,488 shares held jointly with his spouse.
• The total number of shares has been adjusted to correct an inadvertent typographical error which resulted in the omission of 2 shares from the Report Person's prior filings.

Sentiment

Score: 5

Explanation: This is a routine disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders buy or sell their company's stock. They provide transparency into the transactions of individuals with access to non-public information.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, although it is a relatively small transaction.

Key Dates