Greathouse Steven Robert 4
Research Summary
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CTO Realty Growth SVP Steven Greathouse Receives 17,487 Restricted Shares
What Happened Steven Robert Greathouse, SVP & Chief Investment Officer of CTO Realty Growth, was granted 17,487 restricted shares on 2026-02-11. The shares were issued at $0.00 (no cash paid) and thus have a reported transaction value of $0. Footnote F1 states the restricted shares vest one-third on each of the first, second and third anniversaries of January 28, 2026, provided he remains employed on those dates.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (timely filing).
- Transaction type/code: Award/Grant (A); price reported: $0.00; reported value: $0.
- Vesting: One-third vests on each of the first, second and third anniversaries of Jan 28, 2026, subject to continued employment (F1).
- Shares owned after transaction: Footnote F2 indicates the 17,487 newly issued restricted shares plus 15,571 previously reported restricted shares, totaling 33,058 restricted shares that vest over time.
- No 10b5-1 plan, tax-withholding sale, or exercise noted in this filing.
Context Restricted-share awards are compensation, not open-market purchases or sales; they generally lock up shares until vesting and do not provide immediate liquidity or signal an immediate market view. This grant increases Greathouse’s long-term equity exposure to CTO but vests over three years and depends on continued employment.