Form 4: CTO Realty Growth Director Acquires Shares in Lieu of Retainer Fees

Director R. Blakeslee Gable acquired 1,005 shares of CTO Realty Growth, Inc. common stock in lieu of Q1 2025 board and committee retainer fees.

Summary

• On April 1, 2025, R. Blakeslee Gable, a director of CTO Realty Growth, Inc., acquired 1,005 shares of common stock.
• The acquisition was in lieu of his 1st quarter 2025 board retainer fee of $12,500 and committee retainer fees of $6,562.50.
• The shares were issued pursuant to the Issuer's Non-Employee Director Compensation Policy.
• The share price used to calculate the number of shares issued was $18.949, the 20-day trailing average closing price as of the last business day of the calendar quarter.
• Following the transaction, Gable directly owns 44,155 shares of CTO Realty Growth, Inc.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction related to director compensation, indicating alignment of interests between the director and shareholders. There are no indications of negative performance or concerns.

Positives

• The director's acceptance of shares in lieu of cash compensation demonstrates confidence in the company's value.

Industry Context

This is a routine transaction related to director compensation, common in publicly traded companies. Directors often receive equity as part of their compensation packages to align their interests with those of shareholders.

Comparison to Industry Standards

• Director compensation packages vary widely across the real estate industry.
• Equity-based compensation is a common practice to align director interests with shareholder value.
• Comparing CTO Realty Growth's director compensation policy with peers like Simon Property Group (SPG) or Public Storage (PSA) would provide a broader context.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It reinforces the alignment of the director's interests with those of shareholders.

Key Dates

Keywords

CTO Realty Growth, Director, Share Acquisition, Form 4, Insider Transaction, Retainer Fees, Non-Employee Director Compensation Policy