Haga Christopher W 4
4 · CTO Realty Growth, Inc. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
CTO Realty (CTO) Director Christopher W. Haga Receives 1,004-Share Award
What Happened
Christopher W. Haga, a director of CTO Realty Growth, Inc. (CTO), was issued 1,004 shares of common stock on July 1, 2026 as an award/acquisition in lieu of cash compensation. The shares were calculated using a 20-day trailing average price of $20.83450 (reported as $20.83), valuing the issuance at about $20,918. This was an equity grant under the issuer’s Non‑Employee Director Compensation Policy—not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-07-01; transaction type: A (award/acquisition).
- Price used: $20.83450 (20-day trailing average); reported per‑share $20.83; total value ≈ $20,918.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote F1: Shares issued in lieu of Q2 2026 board retainer ($12,500) and committee retainer fees ($8,437.50) per the company’s Non‑Employee Director Compensation Policy.
- Footnote F2: Reporting person disclaims beneficial ownership of shares held by a trust for which the reporting person’s spouse is trustee/beneficiary.
- Filing timeliness: Report filed on 2026-07-01 (same date as the transaction), indicating a timely Form 4.
Context
This was a routine director compensation issuance rather than a purchase or sale. Such non-employee director grants are common and reflect compensation practices, not necessarily a personal trading decision or a signal about the director’s view of the stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-01$20.83/sh+1,004$20,918→ 32,049 total
- 28,520(indirect: By Trust)
Common Stock
[F2]
Footnotes (2)
- [F1]These shares were issued to the Reporting Person in lieu of his 2nd 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 $20.83450.
- [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.