Form 4: CTO Realty Growth CEO John P. Albright Sells Shares
SEC Form 4 Filing
CTO Realty Growth's CEO, John P. Albright, sold 29,488 shares of common stock at a weighted-average price of $20.706 on November 11, 2024.
Summary
- On November 11, 2024, John P. Albright, the President and CEO of CTO Realty Growth, Inc., sold 29,488 shares of common stock.
- The sale was executed at a weighted-average price of $20.706 per share, with individual transactions ranging from $20.640 to $20.860.
- Following the transaction, Albright directly owns 570,554 shares, which includes 54,292 shares of restricted common stock that vest over time.
- Albright also indirectly owns 355 shares through a Shanna E. Albright Rollover IRA.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It's common for executives to periodically sell shares for personal financial management. The market will likely interpret this sale in the context of Albright's overall holdings and the company's performance.
Stakeholder Impact
- The stock sale could have a minor impact on shareholders depending on how the market interprets the transaction.
Key Dates
| Date | Description |
|---|---|
| 11/11/2024 | Date of the stock sale transaction. |
| 11/12/2024 | Date of signature by attorney-in-fact for John P. Albright. |
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