Form 4: CBL & Associates Properties Executive Alan Lebovitz Reports Stock Transactions

Alan Lebovitz, Executive VP of Management at CBL & Associates Properties, reports acquisition and disposal of common stock on February 19, 2025.

Summary

• On February 19, 2025, Alan L. Lebovitz, Executive VP Management at CBL & Associates Properties Inc., reported transactions involving the company's common stock.
• Lebovitz acquired 9,677 shares of common stock at a price of $30.85 per share as part of a payout from his 2022 Performance Stock Unit Award Agreement.
• He also disposed of 3,907 shares of common stock for $30.85.
• Following these transactions, Lebovitz directly owns 51,388 shares of common stock.
• Additionally, he indirectly owns 289 shares through the Alan L. Lebovitz and Allison G. Lebovitz Irrevocable Trust U/A dated 3/24/2003, Michael I. Lebovitz, Trustee, but disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and the transactions themselves don't necessarily indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

Keywords

Form 4, CBL & Associates Properties, Alan Lebovitz, Stock Transaction, Beneficial Ownership, Executive VP, Common Stock