FRANKLIN LAURA M 4

What Happened

• Laura M. Franklin, a director of CTO Realty Growth, Inc. (CTO), was issued 3,462 shares on 2026-02-11 as an equity award under the company's non-employee director compensation policy. The filing shows an acquisition at an implied price of $18.05 per share, with the award valued at roughly $62,489 (the policy specifies a $62,500 annual award).

Key Details

• Transaction date: 2026-02-11; reported on Form 4 filed 2026-02-13 (filed within the normal two-business-day window).
• Transaction type/code: A — Grant/Award (not an open-market purchase or sale).
• Shares issued: 3,462 at $18.05 (20-day trailing average closing price as of 2026-02-05).
• Reported value: about $62,489 (policy amount cited as $62,500; rounding due to share-count calculation).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnote: Issuance was the director’s “Annual Award” under the issuer’s Non-Employee Director Compensation Policy (adopted Feb 27, 2019; last amended Feb 14, 2024).

Context

• This is a routine director compensation grant — a form of pay for board service — and does not necessarily indicate insider buying or selling sentiment. The number of shares was set by dividing the fixed cash-equivalent award by the 20-day trailing average share price per the company policy.