Form 4: CTO Realty Growth Executive Buys $17,000 in Company Stock, Signaling Confidence

A senior executive at CTO Realty Growth, Inc. has acquired 1,000 shares of common stock, increasing his direct and indirect beneficial ownership.

Summary

• Daniel Earl Smith, SVP, General Counsel & Corporate Secretary of CTO Realty Growth, Inc. (CTO), purchased 1,000 shares of the company's common stock.
• The transaction occurred on June 26, 2025, at a weighted-average price of $17.0015 per share, with prices ranging from $16.93 to $17.01.
• Following this acquisition, Mr. Smith's direct beneficial ownership stands at 193,496 shares, which includes 31,103 shares of previously reported restricted common stock that vest over time.
• Mr. Smith also has indirect beneficial ownership of 3,000 shares held in a Kathyleen R. Smith WFCS Custodian Trad IRA and 3,000 shares held in a Kathyleen R. Smith TOD account, where he has authority to direct voting and disposition via a durable power of attorney, though he disclaims beneficial ownership except for his pecuniary interest.

Sentiment

Score: 7

Explanation: The sentiment is positive due to an insider purchase, indicating management's confidence in the company's stock. This is a factual report of a transaction, not a performance report.

Positives

• The purchase of 1,000 shares by a senior executive (SVP, General Counsel & Corporate Secretary) indicates management's confidence in the company's future prospects and valuation.
• Insider buying can be a positive signal to the market, suggesting that those with intimate knowledge of the company believe the stock is undervalued or poised for growth.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

Insider purchases, such as this one by a senior executive at CTO Realty Growth, are often viewed by investors as a sign of confidence in the company's future performance within the real estate investment trust (REIT) sector. This action suggests that management believes the company's current valuation may not fully reflect its intrinsic value or future growth potential, aligning with broader trends where executives invest in their own companies when they perceive an opportune moment.

Stakeholder Impact

• Shareholders: The insider purchase may instill confidence among existing shareholders and attract potential investors, as it signals management's belief in the company's value.
• Employees: While not directly impacted, a positive signal from management can contribute to overall company morale and stability perception.

Key Dates

Keywords

CTO Realty Growth, CTO, Insider Trading, Form 4, Stock Purchase, Beneficial Ownership, Real Estate Investment Trust, REIT, Executive Stock Purchase, Daniel Earl Smith