Haga Christopher W 4
Research Summary
AI-generated summary
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.