Drew Christopher J 4
4 · CTO Realty Growth, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
CTO Realty (CTO) Director Drew Christopher Receives 3,462-Share Award
What Happened
Drew Christopher, a director of CTO Realty Growth, Inc. (CTO), was issued 3,462 shares on February 11, 2026 as his annual non-employee director award. The filing shows the shares were valued at $18.05 each (20-day trailing average as of Feb 5, 2026), for a total reported value of $62,489. This was an award/grant (transaction code A), an acquisition of shares as compensation rather than a market purchase.
Key Details
- Transaction date: 2026-02-11; Filing date: 2026-02-13 (Form 4) — filing appears timely.
- Shares issued: 3,462 at $18.05 per share; reported value $62,489.
- Award basis: Issued as the $62,500 "Annual Award" under the company’s Non-Employee Director Compensation Policy; share price used was the 20-day trailing average ($18.05) as of Feb 5, 2026 (footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Transaction code: A = Award/Grant. No indication of a 10b5-1 plan, tax withholding, or cashless sale in the filing.
Context: This is routine director compensation—shares were issued under the board-approved policy and reflect an award rather than an insider market purchase or sale. Such awards are common for non-employee directors and do not, by themselves, indicate a change in the insider’s view of the company.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-11$18.05/sh+3,462$62,489→ 26,544 total
Footnotes (1)
- [F1]These shares were issued to the Reporting Person as his $62,500 "Annual Award" pursuant to the Issuer's Non-Employee Director Compensation Policy (the "Policy") adopted by the Issuer's board of directors on February 27, 2019 (last amended February 14, 2024). Pursuant to the Policy, the share price utilized to calculate the number of shares issued was the 20-day trailing average closing price as of February 5, 2026, or $18.05000.