Form 4: CBL & Associates Properties Exec VP Cobb Reports Stock Disposals
SEC Form 4 Filing
Andrew Franklin Cobb, Exec VP-Accounting at CBL & Associates Properties, reports disposing of common stock to cover tax obligations.
Summary
- On February 19, 2025, Andrew Franklin Cobb, Exec VP-Accounting at CBL & Associates Properties Inc. (CBL), disposed of 657 shares of common stock at $30.49 per share and 471 shares at $32.8025 per share.
- These transactions were reported on a Form 4 filing with the SEC.
- Following these disposals, Cobb directly owns 46,906 shares of CBL common stock, which includes 20,488 shares held jointly with his spouse.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders trade their company's stock. These filings provide transparency into the transactions of company executives and directors.
Stakeholder Impact
- The stock disposal by a company executive could be perceived negatively by some shareholders, although it is a common practice for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of stock disposal transactions |
| 02/20/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, CBL & Associates Properties, Andrew Franklin Cobb, Stock Disposal, Beneficial Ownership, SEC Filing
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