Gable Robert Blakeslee 4
Research Summary
AI-generated summary
CTO Realty (CTO) Director Gable Blakeslee Receives Award
What Happened
- Gable Robert Blakeslee, a director of CTO Realty Growth, Inc. (CTO), was issued 914 shares on 2026-07-01 as an award/acquisition (transaction code "A"). The filing reports an aggregate value of $19,043, using a per-share price of $20.83450 to calculate the number of shares.
Key Details
- Transaction date: 2026-07-01; Transaction type: Award/Acquisition (A).
- Shares issued: 914; Price used to calculate shares: $20.83450 (20-day trailing average closing price as of quarter end).
- Reported aggregate value: $19,043.
- Reason: Shares issued in lieu of 2Q2026 board retainer ($12,500) and committee retainer fees ($6,562.50) under the Issuer’s Non-Employee Director Compensation Policy (adopted Feb 27, 2019; last amended Feb 14, 2024).
- Shares owned after the transaction: not specified in the provided filing details.
- Filing timeliness: no late filing indicated.
Context
- This issuance is compensation for director and committee service (payment in stock), not an open-market purchase or sale. Such awards are routine and reflect compensation policy rather than a direct buy/sell signal about the insider’s view of the stock.