CBL EVP Joseph Khalili Sells 6,763 Shares

What Happened Joseph Khalili, Executive Vice President of Financial Planning & Analysis at CBL & Associates Properties, reported a sale of 6,763 common shares on 2026-09-22. The shares were disposed at a weighted-average price of $54.21 per share for total proceeds of approximately $366,653. The filing lists the transaction as a sale (disposition).

Key Details

• Transaction date: 2026-09-22 (filed with the SEC on 2026-09-23, which appears timely).
• Shares sold: 6,763; weighted-average price reported: $54.21; total proceeds: ~$366,653.
• Price range: individual trades occurred between $54.00 and $54.28 (footnote F1). The reporting person can provide a breakdown of the number of shares sold at each price upon request via the issuer’s Chief Legal Officer, Jeffery V. Curry.
• Transaction type: Reported as an open-market or private sale (disposition code S).
• Shares owned after the transaction: Not disclosed in the provided summary.

Context This is a straight sale of existing shares (a liquidity event) rather than a purchase, award, or option exercise. The filing does not indicate a 10b5-1 trading plan, option exercise, tax-withholding, or gift—just a reported disposition. For retail investors, sales by insiders can reflect many reasons (diversification, personal cash needs, prearranged plans) and are not by themselves a clear signal about company prospects.