Form 4: CTO Realty Growth Officer's Stock Vesting & Tax Withholding

CTO Realty Growth's SVP & Chief Investment Officer, Steven R. Greathouse, saw 14,430 restricted shares vest, with 3,513 shares withheld for tax obligations.

Summary

• Steven R. Greathouse, SVP & Chief Investment Officer of CTO Realty Growth, Inc., reported a change in beneficial ownership.
• On January 28, 2026, 14,430 shares of restricted common stock previously awarded to Mr. Greathouse vested and became unrestricted.
• 3,513 shares were disposed of (withheld by the Issuer) at a price of $17.39 per share to satisfy tax liability related to the vesting.
• Following this transaction, Mr. Greathouse beneficially owns 198,054 shares of common stock directly.
• The total shares beneficially owned include 15,571 shares of restricted common stock which vest over time.
• The total shares owned by Mr. Greathouse reflect a decrease of 3 shares to correct a typographical error from previous Form 4 filings.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing detailing the vesting of executive compensation and associated tax withholding, which has a neutral impact on the company's operational or financial outlook.

Positives

• 14,430 shares of restricted common stock awarded to Steven R. Greathouse vested, indicating successful achievement of compensation milestones.

Negatives

• 3,513 shares were withheld by the Issuer to cover tax liabilities, reducing the direct share count for the reporting person.
• A minor typographical error on prior Form 4 filings resulted in a correction, decreasing total shares owned by 3.

Future Outlook

The filing indicates that 15,571 shares of restricted common stock beneficially owned by the reporting person are still subject to future vesting over time.

Industry Context

StockSavvy.ai notes that insider transactions like Form 4 filings provide transparency into executive compensation and ownership, which can be a signal of management's alignment with shareholder interests, though this specific filing is routine and reflects standard compensation practices within the real estate investment trust (REIT) sector.

Comparison to Industry Standards

• The vesting of restricted stock and subsequent tax withholding is a common practice in executive compensation across publicly traded companies, aligning with typical industry standards for equity-based incentives.
• The reported share price of $17.39 for the tax withholding transaction is specific to CTO Realty Growth, Inc. and its market valuation at the time, not directly comparable to other companies' share prices without broader context.

Related Party Transactions

• The transaction involves the Issuer (CTO Realty Growth, Inc.) and an officer (Steven R. Greathouse) in the context of executive compensation, which is a related party transaction.

Stakeholder Impact

• Shareholders: The vesting and tax withholding are part of the company's established executive compensation plan, which is generally known to shareholders. The transaction itself does not indicate a significant change in company strategy or performance.
• Employees (specifically Steven R. Greathouse): The vesting of restricted stock represents a realization of compensation, while the tax withholding is a standard procedure for managing tax obligations on equity awards.

Next Steps

• The remaining 15,571 shares of restricted common stock held by the reporting person are expected to vest over time according to their predetermined schedule.

Key Dates

Recommendation

This Form 4 details a routine vesting of restricted stock and subsequent tax withholding for a company officer. Such transactions are standard compensation events and do not typically indicate a significant change in the company's fundamentals or future prospects, thus a 'hold' recommendation is appropriate.

Keywords

CTO Realty Growth, CTO, Steven Greathouse, Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Beneficial Ownership, Executive Compensation