Gable Robert Blakeslee 4
Research Summary
AI-generated summary
CTO Realty (CTO) Director Gable Blakeslee Receives Award of 3,462 Shares
What Happened Gable Robert Blakeslee, a director of CTO Realty Growth, Inc. (CTO), was granted 3,462 shares on 2026-02-11 as his annual non-employee director award. The shares were valued using a $18.05 per-share price (20-day trailing average as of Feb 5, 2026), producing a reported value of $62,489; the award is described in the filing as the director’s $62,500 Annual Award under the company’s Non‑Employee Director Compensation Policy.
Key Details
- Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (appears timely under the 2-business-day rule).
- Transaction type/code: Award/Grant (A).
- Shares issued: 3,462 at $18.05 per share; reported value $62,489 (policy award amount $62,500).
- Amount owned after transaction: Not specified in the Form 4 filing.
- Footnote: Shares issued per the Issuer’s Non-Employee Director Compensation Policy; share count calculated using the 20-day trailing average closing price as of Feb 5, 2026.
- No indication of a 10b5-1 plan, tax withholding, cashless exercise, or gift—this is routine director compensation.
Context This transaction represents routine equity compensation for a non-employee director under the company’s established policy and is not the same signal as an open-market purchase or sale. Such awards are commonly used to compensate directors and to align their interests with shareholders; they do not by themselves indicate the director’s trading intent.