Gable Robert Blakeslee 4
Research Summary
AI-generated summary
CTO Realty Growth Director Gable Blakeslee Receives 1,009 Shares
What Happened
- Gable Robert Blakeslee, a director of CTO Realty Growth, Inc. (CTO), was issued 1,009 shares on April 1, 2026 as an award/compensation (transaction code A). The shares were valued at $18.8835 each, for a total value of approximately $19,053. The issuance was in lieu of his Q1 2026 board retainer and committee fees.
Key Details
- Transaction date and price: 2026-04-01; price used $18.88350 (20-day trailing average).
- Shares acquired: 1,009; aggregate value ≈ $19,053.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Shares issued in lieu of cash for Q1 2026 board retainer ($12,500) and committee retainer fees ($6,562.50) per the issuer’s Non-Employee Director Compensation Policy (adopted Feb 27, 2019; last amended Feb 14, 2024).
- Filing timeliness: Report filed 2026-04-02 for a 2026-04-01 transaction — no late filing indicated.
Context
- This was an issuer-issued award (compensation), not an open-market purchase or sale. Such stock awards are routine director compensation and do not by themselves indicate insider sentiment about the stock. The number of shares was calculated using the 20-day trailing average closing price as specified by the company policy.