Form 4: CBL & Associates Properties Inc. Executive Benjamin Jaenicke Reports Stock Disposal
SEC Form 4 Filing
Benjamin Jaenicke, EVP Chief Financial Officer of CBL & Associates Properties Inc., disposed of 1,218 shares of common stock on September 3, 2024, to cover tax obligations.
Summary
- On September 3, 2024, Benjamin W. Jaenicke, the EVP Chief Financial Officer of CBL & Associates Properties Inc., disposed of 1,218 shares of common stock.
- The transaction was executed at a price of $26.59 per share.
- Following the transaction, Jaenicke directly owns 53,205 shares of CBL & Associates Properties Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a routine disclosure of stock disposal, likely for tax purposes. 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 to provide transparency into the transactions of company insiders. This allows the public to see when executives are buying or selling shares of their own company.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of the stock disposal transaction |
| 09/05/2024 | Date of signature on the Form 4 filing |
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