Lukes David R 4

What Happened
David R. Lukes, President, CEO and a director of Curbline Properties Corp. (CURB), reported a gift transaction on May 11, 2026. The filing shows a disposition by gift of 126,000 shares at $0.00 and three corresponding acquisitions by trusts of 42,000 shares each (all at $0.00). Total shares transferred: 126,000; reported transaction value per share: $0. Gifts are coded "G" and are not open-market sales or purchases.

Key Details

• Transaction date: 2026-05-11; Filing date: 2026-05-13 (filed within the normal 2-business-day Form 4 window as reported).
• Transaction type/code: Gift (G). Price per share reported: $0.00. Total shares transferred: 126,000.
• Disposition: 126,000 shares gifted (source: Elizabeth G Lukes 2025 Revocable Trust per F1).
• Acquisitions: three trusts acquired 42,000 shares each (reflected as indirect ownership per F2–F4).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1 — Gift by the Elizabeth G Lukes 2025 Revocable Trust U/A dtd 08/07/2025.
  • F2–F4 — Indirect ownership reflected for the Katherine Kensett Lukes 2025, Jacqueline Lukes 2025, and Sarah Lukes 2025 Irrevocable Trusts, where Mr. Lukes’ spouse is settlor, Mr. Lukes is trustee, and a child is the beneficiary.

Context
Gifts are commonly used for estate or family planning and do not necessarily indicate the insider’s view of the company’s stock. The filing shows internal trust transfers and indirect ownership reporting; it is not an open-market buy or sell.