Greathouse Steven Robert 4
Research Summary
AI-generated summary
CTO Realty SVP Steven Greathouse Sells 3,513 Shares (Tax Withholding)
What Happened
- Steven R. Greathouse, Senior Vice President & Chief Investment Officer of CTO Realty Growth, Inc. (CTO), had 3,513 shares of restricted common stock withheld/disposed to satisfy tax obligations upon vesting. The withheld shares were recorded at $17.39 per share for a total of $61,091.
- The transaction reflects tax withholding related to an award vesting rather than an open-market sale.
Key Details
- Transaction date: January 28, 2026 (filed January 30, 2026).
- Disposal type/code: F — shares withheld to satisfy tax liability (not a market sale).
- Shares withheld/disposed: 3,513 at $17.39 each; total value reported $61,091.
- Vesting note: A total of 14,430 restricted shares vested and became unrestricted on January 28, 2026; a portion (3,513) was withheld for taxes.
- Holdings note: Filing footnote states the reporting person’s total includes 15,571 restricted shares that vest over time (previously reported). The filing also corrects prior reports by reducing total shares owned by 3 to fix a typographical error.
- Timeliness: Filed two days after the transaction date (no late-filing flag reported).
Context
- This was a standard tax-withholding action tied to restricted stock vesting (a routine corporate event). Withheld shares to cover taxes are common and generally not a directional trading signal about management’s view of the stock.