Grody Howard B. 4

What Happened
Howard B. Grody, Executive Vice President — Leasing at CBL & Associates Properties (CBL), was granted a total of 36,486 shares of common stock on Feb 11, 2026 (three separate awards) and, in connection with those awards, had 4,909 shares disposed/withheld to cover tax obligations. The withheld/disposed shares were: 657 shares at $36.55 for $24,010 and 4,252 shares at $36.05 for $153,263 (total proceeds ~$177,273). The awards were granted as restricted stock/performance-related shares (no cash purchase).

Key Details

• Transaction date: 2026-02-11 (reported on Form 4 filed 2026-02-13; filing appears timely)
• Awards received (all at $0.00 price): 4,310; 21,605; and 10,571 shares — total 36,486 shares
• Shares disposed/withheld for taxes (code F): 657 @ $36.55 = $24,010; 4,252 @ $36.05 = $153,263; total ≈ $177,273
• Shares owned after transaction: Not specified in this filing
• Footnotes: F1 notes 24 shares are held jointly with spouse. F2 = grant under 2021 Equity Incentive Plan; F3 = grant per 2023 Performance Stock Unit Award Agreement; F4 = issuance per 2022 Performance Stock Unit Award Agreement
• Transaction codes: A = award/grant (acquisition of restricted/performance shares); F = shares withheld/disposed to satisfy tax withholding

Context
These were equity awards (restricted stock / performance-related shares), not open-market purchases; acquisitions at $0 reflect compensation awards rather than a cash investment. The disposals were routine tax-withholding actions (common after grants) and do not on their own signal insider buying or selling for investment reasons.