Jaenicke Benjamin W 4

What Happened Benjamin W. Jaenicke, Chief Financial Officer of CBL & Associates Properties (CBL), was awarded a total of 92,071 restricted common shares (14,293 and 77,778) on 2026-02-11 and had 1,982 shares disposed to cover tax withholding at $36.55 per share for a cash value of $72,432. The awards are reported as grants of restricted stock under CBL’s equity plans.

Key Details

• Transaction dates: all reported on 2026-02-11; Form 4 filed 2026-02-13 (appears timely, two days after the transactions).
• Grants: 14,293 shares and 77,778 shares reported as acquired at $0.00 (restricted stock awards).
• Disposal/tax withholding: 1,982 shares disposed at $36.55 each, total = $72,432 (code F — payment of tax liability).
• Footnotes: F1 = grant of restricted common stock under the 2021 Equity Incentive Plan; F2 = grant of restricted common stock under the Reporting Person’s 2023 Performance Stock Unit Award Agreement.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• These were equity awards (not open-market purchases or option exercises). The disposal was a tax-withholding/surrender of shares to satisfy tax obligations from the grants, not a separate market sale.
• Restricted stock grants are compensation; they do not necessarily indicate buying or selling intent. They become informative if/when vested shares are sold later.
• Filing timing appears timely under the SEC’s two-business-day reporting rule.