Form 4: CTO Realty Growth Director George Brokaw Receives Annual Award in Stock

Director George Brokaw receives 3,185 shares of CTO Realty Growth as part of his annual award, while also indirectly holding 3,858 shares through a revocable trust.

Summary

• On February 12, 2025, George R. Brokaw, a director of CTO Realty Growth, Inc., acquired 3,185 shares of common stock as part of his annual award.
• The shares were issued at a price of $19.618 per share, based on the 20-day trailing average closing price as of February 6, 2025.
• Following the transaction, Brokaw directly owns 88,646 shares of CTO Realty Growth.
• Brokaw also indirectly owns 3,858 shares through the Babette Brokaw Revocable Trust, where he is a beneficiary and trustee.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The director receiving stock as part of their compensation aligns their interests with shareholders. It's a routine transaction, so not overly impactful, but generally a good sign.

Positives

• The acquisition of shares demonstrates the director's continued investment in the company's success.
• The annual award aligns the director's interests with those of the shareholders.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence as it demonstrates the director's investment in the company.

Key Dates

Keywords

CTO Realty Growth, Director, George Brokaw, Annual Award, Stock Acquisition, Beneficial Ownership, Form 4