Form 4: CBL & Associates Properties Executive Vice President Howard Grody Reports Stock Disposal
SEC Form 4 Filing
Executive Vice President of Leasing at CBL & Associates Properties, Howard Grody, disposed of 1,522 shares of common stock to cover tax obligations.
Summary
- Howard Grody, Executive Vice President of Leasing at CBL & Associates Properties, reported a transaction involving the disposal of 1,522 shares of common stock.
- The transaction occurred on December 20, 2024.
- The shares were disposed of at a price of $31.12 per share.
- Following the transaction, Grody beneficially owns 44,140 shares of common stock, including 24 shares held jointly with his spouse.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to an insider transaction, which is neither positive nor negative in itself. It is a neutral event.
Industry Context
This is a routine filing related to insider transactions and is common for publicly traded companies. It does not indicate any specific trend in the industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider trading activity.
- The transaction is a small percentage of the total shares owned by the executive, which is common for tax obligation related disposals.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 12/20/2024 | Date of the stock disposal transaction. |
Keywords
CBL & Associates Properties, Howard Grody, stock disposal, insider trading, Form 4, executive compensation, share ownership
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