4Filed Aug 19, 8:00 PM ET

CBL & Associates COO Kathryn Reinsmidt Sells 17,515 Shares

$CBL · CBL & ASSOCIATES PROPERTIES INC

Research Summary

AI-generated summary of this SEC filing

Updated

CBL & Associates COO Kathryn Reinsmidt Sells 17,515 Shares

What Happened
Kathryn A. Reinsmidt, Chief Operating Officer of CBL & Associates Properties, sold 17,515 shares of CBL stock in an open-market transaction on August 18, 2026. The reported weighted-average sale price was $57.10 per share, for total proceeds of approximately $1,000,142. This was a sale (not a purchase or option exercise), which is often routine insider selling and does not by itself indicate company performance.

Key Details

  • Transaction date: 2026-08-18 (filed with the SEC on 2026-08-20). Filing appears timely (within the usual two-business-day Form 4 window).
  • Price: weighted-average $57.10; individual trades ranged from $56.600 to $57.591 (sold in multiple transactions).
  • Shares sold: 17,515; total proceeds ≈ $1,000,142.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnote: The reported price is a weighted average; the filer offers to provide a breakdown of the number of shares sold at each separate price upon request via the issuer’s Chief Legal Officer, Jeffery V. Curry.
  • No 10b5‑1 plan, gift, option exercise, or tax-withholding note was disclosed in the provided information.

Context
Insider sales can be for many personal or tax reasons and are not definitive signals about company prospects. Purchases are generally viewed as a stronger sign of insider confidence than sales. If you want the per-trade price breakdown, the filing’s footnote indicates it can be requested from the company’s CLO.