BECH DOUGLAS Y 4

What Happened
Douglas Y. Bech, a director of Creative Media & Community Trust Corp (CMCT), reported a disposition to the issuer of 86 shares on June 22, 2026. The Form 4 lists the shares as disposed with no per‑share price or total value disclosed. According to the filing footnote, these were restricted share awards granted in 2025 that the board cancelled for cash consideration on June 22, 2026.

Key Details

• Transaction date: June 22, 2026 (reported on Form 4 filed June 23, 2026).
• Transaction type: Disposition to issuer (code D) of 86 shares; price and total proceeds: N/A / not disclosed.
• Shares owned after the transaction: not specified in the filing.
• Footnote: Restricted awards granted during 2025 (reported on a Form 4 filed Sept 11, 2025) were terminated and cancelled by the issuer’s board for cash consideration on June 22, 2026.
• Timeliness: Filing was submitted the day after the transaction (appears timely).

Context
A "disposition to issuer" typically means shares were returned/cancelled to the company (here as part of a board-approved cancellation for cash), not an open‑market sale. Because the filing does not disclose the cash amount, investors cannot infer the economic impact on the insider from this Form 4 alone. This is a routine reporting of award cancellation/settlement rather than a market trade indicating sentiment.