CTO Realty Director Christopher Haga Receives 1,108-Share Award

What Happened Christopher W. Haga, a director of CTO Realty Growth, Inc. (CTO), was granted 1,108 shares of common stock on 2026-04-01 valued at $18.8835 per share (total ≈ $20,923). The shares were issued in lieu of his Q1 2026 board retainer ($12,500) and committee retainer fees ($8,437.50) under the company’s Non‑Employee Director Compensation Policy. This is an award/compensation issuance (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely file).
• Price used to calculate shares: 20‑day trailing average close = $18.88350; shares issued: 1,108; total value ≈ $20,923.
• Shares owned after transaction: Not disclosed on the filing.
• Footnote highlights:
  • F1: Shares issued in lieu of Q1 2026 cash retainers per the issuer’s Non‑Employee Director Compensation Policy.
  • F2: The reporting person disclaims beneficial ownership of certain trust holdings involving his spouse (trust beneficiary and trustee).
• Transaction type: Award/Grant (compensation), generally routine and reflects fee payment rather than a market buy/sell signal.

Context This issuance is compensation-related (director fees paid in stock) and is common for non-employee directors. Such grants are routine and do not necessarily indicate the director’s personal market view. The filing was made promptly (next business day), and no sale or exercise occurred.