Cope Jennifer 4

What Happened
Jennifer Cope, EVP of Operations Services & Risk Management at CBL & Associates Properties (CBL), received three grants/issuances of common/restricted stock on Feb 11, 2026 totaling 15,151 shares (2,279; 8,644; 4,228) at $0.00 per share (award/issuance). On the same date she had two dispositions to cover tax obligations: 263 shares disposed at $36.55 (proceeds/withholding value $9,611) and 1,215 shares disposed at $36.05 (value $43,795), totaling $53,406. These dispositions are reported as tax withholding (Form 4 code F), not open-market investment sales.

Key Details

• Transaction date: February 11, 2026; Form 4 filed February 13, 2026 (timely filing).
• Awards/Acquisitions (code A): 2,279; 8,644; 4,228 shares — all reported at $0.00 (awarded/issued).
• Tax-withholding dispositions (code F): 263 shares @ $36.55 = $9,611; 1,215 shares @ $36.05 = $43,795; total withheld ≈ $53,406.
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • F1: Grant of restricted Common Stock under the 2021 Equity Incentive Plan.
  • F2: Grant of restricted Common Stock under the 2023 Performance Stock Unit Award Agreement.
  • F3: Common Stock issued under the 2022 Performance Stock Unit Award Agreement.
• Filing timeliness: Report filed two days after the transactions (appears timely); no late filing indicated.

Context
These transactions reflect compensation-related equity awards (PSU-related issuances and restricted stock) with routine share surrender to cover tax withholding. Award grants are compensation, not purchases, and withholding dispositions generally do not signal the insider actively selling shares in the open market.