Mays Philip 4
4 · CTO Realty Growth, Inc. · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
CTO Realty (CTO) CFO Philip Mays Withholds Shares for Taxes
What Happened
- Philip Mays, Senior VP, CFO & Treasurer of CTO Realty Growth, Inc., had 1,269 restricted shares withheld (disposed) to satisfy tax withholding related to RSU vesting. The withheld shares were recorded at $17.39 per share for a total value of $22,068. A total of 4,280 restricted shares vested and became unrestricted on January 28, 2026, and a portion of those vested shares was used to cover the tax obligation.
Key Details
- Transaction date and price: January 28, 2026 — 1,269 shares withheld at $17.39/share (total $22,068).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes: F1 — 4,280 RSU shares vested on Jan 28, 2026 and a portion were withheld for taxes; F2 — the reporting person has 8,561 restricted shares that vest over time (previously reported).
- Filing timeliness: Form 4 filed Jan 30, 2026 (two days after the transaction), which appears to be timely.
Context
- This was a routine tax-withholding disposition (transaction code F) related to RSU vesting, not an open-market sale or a purchase. Such withholdings are common when restricted stock awards vest and do not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
Form 4
Mays Philip
SVP, CFO & Treasurer
Transactions
- Tax Payment
Common Stock
[F1][F2]2026-01-28$17.39/sh−1,269$22,068→ 13,572 total
Footnotes (2)
- [F1]On January 28, 2026, a total of 4,280 shares of restricted common stock of the Issuer previously awarded to the Reporting Person became vested and unrestricted. A portion of the vesting shares was withheld by the Issuer in order to satisfy the Reporting Person's tax liability.
- [F2]This amount includes 8,561 shares of restricted common stock which vest over time, which were previously reported.
Signature
/s/ Daniel E. Smith, attorney-in-fact for Philip R. Mays|2026-01-30