Haga Christopher W 4
4 · CTO Realty Growth, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-01$18.88/sh+1,108$20,923→ 31,045 total
- 28,520(indirect: By Trust)
Common Stock
[F2]
Footnotes (2)
- [F1]These shares were issued to the Reporting Person in lieu of his 1st quarter 2026 board retainer fee of $12,500 and committee retainer fees of $8,437.50 pursuant to the Issuer's Non-Employee Director Compensation Policy (the "Policy") adopted by the Issuer's board of directors on February 27, 2019 (last amended February 14, 2024). Pursuant to the Policy, the share price utilized to calculate the number of shares issued was the 20-day trailing average closing price as of the last business day of the calendar quarter, or $18.88350.
- [F2]The Reporting Person's spouse is both a beneficiary and a trustee of the above-named trust. The Reporting Person disclaims beneficial ownership of the shares of the Issuer's common stock held by said trust, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares of the Issuer's common stock held by said trust for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.