Cope Jennifer 4

What Happened

• Jennifer Cope, Executive Vice President of Operations Services & Risk Management at CBL & Associates Properties (CBL), had shares withheld and disposed to cover tax liabilities tied to prior restricted stock vesting. Two withholding dispositions occurred on February 17, 2026: 216 shares at $35.59 ($7,687) and 188 shares at $36.13 ($6,792), for a combined 404 shares and approximately $14,479 in value.
• This was a tax-withholding disposition (routine) rather than an open-market sale or purchase by the insider.

Key Details

• Transaction dates and prices:
  • 216 shares @ $35.59 (value $7,687) — related to shares vesting on Feb 12, 2026 (price based on Feb 12 average).
  • 188 shares @ $36.13 (value $6,792) — related to shares vesting on Feb 15, 2026 (price based on Feb 13 average).
• Total shares disposed: 404; total value ≈ $14,479.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The issuer calculated withholding amounts on Feb 17, 2026 using the average of the high and low NYSE prices on the applicable vesting-related dates (Feb 12 and Feb 13, 2026).
• Filing: Form 4 filed Feb 18, 2026 for transactions on Feb 17, 2026 — appears to be timely.

Context

• These transactions are tax-withholding dispositions (transaction code F). They reflect shares surrendered to satisfy tax withholding on vested restricted stock awards and are generally routine administrative actions, not necessarily a signal of the insider’s view on the stock.