Smith Daniel Earl 4

What Happened Daniel Earl Smith, SVP, General Counsel & Corporate Secretary of CTO Realty Growth, Inc. (CTO), was granted 11,266 restricted shares on February 11, 2026. The shares were issued at $0.00 (compensation award), so no cash was paid. This was an award/grant (code A), not a purchase or sale.

Key Details

• Transaction date: 2026-02-11; filing date: 2026-02-13 (timely).
• Price: $0.00 per share (compensatory grant).
• Shares granted: 11,266 restricted shares.
• Shares held after the grant: filing indicates 21,810 restricted shares in the reported account (11,266 newly issued + 10,544 previously reported restricted shares).
• Vesting: One-third of the newly granted shares vest on each of the first, second and third anniversaries of January 28, 2026, provided Smith remains an employee (Footnote F1).
• Beneficial ownership note: Reporting person may be regarded as beneficial owner of shares in an account due to a durable power of attorney but disclaims ownership except for pecuniary interest (Footnote F3).
• Transaction type: Award/grant of restricted stock (no immediate sale or exercise).

Context Restricted share grants are a form of compensation and typically vest over time, so these shares are not immediately liquid. Because the grant was issued at $0.00, it reflects compensation rather than a market purchase. Such awards are common for executives and do not by themselves indicate a buy/sell market signal.