Albright John P 4
Research Summary
AI-generated summary
CTO Realty CEO John P. Albright Receives 37,114-Share Award
What Happened
- John P. Albright, President & CEO and Director of CTO Realty Growth, Inc. (CTO), was granted 37,114 restricted shares on 2026-02-11. The shares were issued at $0.00 per share (total $0) as an award rather than an open-market purchase or sale.
- These are compensation shares subject to vesting rather than immediately tradable stock.
Key Details
- Transaction date: 2026-02-11. Transaction type: Award/Grant (code A). Price: $0.00 per share; value at grant $0.
- Filing date: 2026-02-13 (filed within the SEC’s typical 2-business-day window).
- Shares noted in filing after this grant: 69,721 restricted shares in total (37,114 newly issued + 32,607 previously reported restricted shares).
- Footnote F1: The 37,114 restricted shares vest one-third on each of the first, second and third anniversaries of January 28, 2026, provided Albright remains an employee on those dates.
- Footnote F2: The total reported amount includes the 37,114 newly issued shares plus 32,607 additional restricted shares that vest over time and were reported earlier.
Context
- These restricted-share awards are typical executive compensation and only become tradable as they vest; they do not represent an immediate buy or sell in the open market.
- Because vesting is contingent on continued employment, this award reflects granted compensation rather than an unambiguous market-confidence signal.