Curry Jeffery V. 4

What Happened
Jeffery V. Curry, Chief Legal Officer and Secretary of CBL & Associates Properties, received a total of 71,649 shares of common stock through awards/vestings on February 11, 2026 (grants at $0). To cover tax liabilities related to those awards, 10,024 shares were withheld/disposed: 1,705 shares at $36.55 (≈ $62,309) and 8,319 shares at $36.05 (≈ $299,858), for a total of about $362,167 withheld. Net new shares acquired from these transactions are approximately 61,625 shares. These were awards/grants, not open-market purchases or routine sales.

Key Details

• Transaction date: February 11, 2026; Form 4 filed February 13, 2026 (timely within reporting window).
• Awards/vestings (acquisitions, code A): 7,474; 43,035; and 21,140 shares — granted at $0 (restricted stock / performance stock unit issuances).
• Withheld for taxes (code F): 1,705 shares @ $36.55 (≈ $62,309) and 8,319 shares @ $36.05 (≈ $299,858).
• Net new shares from the event: ~61,625 (71,649 granted − 10,024 withheld).
• Ownership note: filing footnote indicates 71,562 shares are held in a joint account with the reporting person's spouse and some are in a retirement account (per footnote). The filing does not show an open‑market sale.
• Footnotes: grants issued under the 2021 Equity Incentive Plan and Mr. Curry’s 2022 & 2023 Performance Stock Unit award agreements (F2–F4). Withholding is listed as payment of tax liability (F).
• Filing timeliness: filed 2 days after the transactions (not late).

Context

• These transactions are issuance/vesting and tax‑withholding events — common when restricted stock or PSUs vest. The withheld shares are used to satisfy tax obligations, not an indication of a market sale.
• Awards (A) increase insider holdings; withholdings (F) reduce the number of shares delivered to the insider to cover taxes.
• No 10% owner or suspicious patterns indicated by this Form 4 — it documents routine compensation-related awards and associated tax withholding.