Form 4: CBL & Associates Properties Inc: Executive VP Howard Grody Reports Stock Disposals
SEC Form 4 Filing
Howard Grody, Executive VP of Leasing at CBL & Associates Properties Inc, reported the disposal of common stock to cover tax obligations.
Summary
- On February 19, 2025, Howard Grody, Executive VP-Leasing at CBL & Associates Properties Inc, disposed of 657 shares of common stock at $30.49 and 471 shares at $32.8025.
- These transactions were reported on a Form 4 filing with the SEC.
- Following these disposals, Grody directly owns 53,802 shares of CBL common stock, which includes 24 shares held jointly with his spouse.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure related to stock transactions by a company insider. It is common for executives to sell shares to cover tax obligations related to stock awards or option exercises.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of stock disposal transactions |
| 02/20/2025 | Date of signature on the report |
Keywords
Form 4, CBL & Associates Properties Inc, Howard Grody, Stock Disposal, Beneficial Ownership, SEC Filing, Executive VP-Leasing, Common Stock
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