Form 4: Director Receives CTO Realty Growth Stock for Fees

CTO Realty Growth, Inc. director Christopher J. Drew received 860 shares of common stock valued at $18.8835 per share as compensation for his first quarter 2026 retainer fees.

Summary

• Christopher J. Drew, a Director at CTO Realty Growth, Inc., received 860 shares of common stock on April 1, 2026.
• These shares were issued in lieu of his first quarter 2026 board retainer fee of $12,500 and committee retainer fees of $3,750.
• The share price was calculated at $18.8835, based on the 20-day trailing average closing price as of the last business day of the calendar quarter.
• Following this transaction, Mr. Drew beneficially owns 27,404 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine director compensation and does not contain new financial performance data or strategic announcements.

Positives

• Director compensation is being paid in stock, aligning director interests with shareholders.
• The compensation policy utilizes a 20-day trailing average closing price, potentially mitigating short-term stock price volatility for compensation calculations.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which solely reports a change in beneficial ownership.

Industry Context

StockSavvy.ai notes that the use of stock awards for director compensation is a common practice in the Real Estate Investment Trust (REIT) sector, aligning executive and director incentives with shareholder value creation.

Stakeholder Impact

• Shareholders: The issuance of stock for compensation aligns director interests with shareholders, potentially promoting long-term value creation. The total number of shares outstanding is minimally impacted by this routine compensation.

Key Dates

Keywords

Form 4, SEC Filing, Director Compensation, Stock Award, CTO Realty Growth, Christopher J. Drew, Common Stock, Beneficial Ownership