Form 4: Director Receives Stock for Board Fees

Sentiment:

Director Compensation Filing


Laura M. Franklin, a Director at CTO Realty Growth, Inc., received 661 shares of common stock as compensation for her Q1 2026 board retainer fee.

Summary

  • Laura M. Franklin, a Director of CTO Realty Growth, Inc., acquired 661 shares of common stock on April 1, 2026.
  • These shares were issued in lieu of her first quarter 2026 board retainer fee, valued at $12,500.
  • The shares were calculated using the Issuer's Non-Employee Director Compensation Policy, with the price determined by the 20-day trailing average closing price as of the last business day of the quarter, which was $18.8835.
  • Following this transaction, Ms. Franklin beneficially owns 62,342 shares of common stock.
  • This total includes an additional 294.765 shares acquired through the Issuer's dividend reinvestment plan since February 13, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it represents a routine compensation transaction for a director rather than a significant financial event or strategic shift for the company.

Positives

  • Director compensation is being paid in stock, aligning director interests with shareholders.
  • The company has a policy in place for director compensation, providing transparency.
  • Ms. Franklin continues to reinvest dividends, indicating confidence in the company.

Negatives

  • The filing does not provide information on the company's overall financial performance, only a director's compensation transaction.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, which details a director's compensation transaction.

Industry Context

StockSavvy.ai notes that the use of stock for director compensation is a common practice in the Real Estate Investment Trust (REIT) sector, aiming to align executive and director interests with those of shareholders by tying compensation to the company's stock performance.

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Director Compensation PolicyShares were issued to Director Laura M. Franklin in lieu of her board retainer fee, pursuant to the Issuer's Non-Employee Director Compensation Policy.04/01/2026Reinforces alignment between director compensation and company stock performance.

Related Party Transactions

  • Director Laura M. Franklin received 661 shares of common stock as compensation for her Q1 2026 board retainer fee, a transaction between the company and a related party (Director).

Stakeholder Impact

  • Shareholders: The issuance of stock for director fees aligns director interests with shareholders, as their compensation is tied to the company's stock value.
  • Employees: No direct impact on employees is indicated by this filing.
  • Creditors: No direct impact on creditors is indicated by this filing.

Key Dates

DateDescription
04/01/2026Transaction date for the acquisition of common stock by Laura M. Franklin.
02/13/2026Date of Reporting Person's prior Form 4 filing, and the start date for dividend reinvestment calculation.
04/02/2026Date of signature for the Form 4 filing.

Keywords

Form 4, Director Compensation, Stock Award, Beneficial Ownership, CTO Realty Growth, Insider Transaction, Dividend Reinvestment

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