Brokaw George R 4

What Happened
George R. Brokaw, a director of CTO Realty Growth, Inc. (CTO), was issued 3,462 shares on Feb 11, 2026 as an annual non-employee director award. The shares were allocated using a $18.05 per-share price (20-day trailing average), producing a reported value of $62,489 on the Form 4. This was an award/acquisition of stock (routine compensation), not an open-market purchase or sale.

Key Details

• Transaction date: February 11, 2026; Form 4 filed February 13, 2026 (within the typical 2-business-day filing window).
• Shares issued: 3,462 at an effective price of $18.05 per share; total reported value $62,489.
• Footnote: The award represents Brokaw’s stated $62,500 "Annual Award" per the company’s Non-Employee Director Compensation Policy; the number of shares used the 20-day trailing average closing price as of Feb 5, 2026 ($18.05).
• Ownership after transaction: not specified in the filing.
• Holding vehicle: the shares are held directly by a trust for which Brokaw is trustee and beneficiary (per footnote).

Context
This was a routine equity award under CTO Realty’s director compensation policy and should be read as compensation rather than a personal open-market purchase or sale. Such awards are common for non-employee directors and do not necessarily signal the director’s view on the stock.