Laura M. Franklin - Oct 1, 2025 Form 4 Insider Report for CTO Realty Growth, Inc. (CTO)

Role: Director
Signature: /s/ Daniel E. Smith, attorney-in-fact for Laura M. Franklin
Stock symbol: CTO
Transactions as of: Oct 1, 2025
Transactions value $: $12,491
Form type: 4
Date filed: 10/3/2025, 04:20 PM
Previous filing: Jul 3, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
FRANKLIN LAURA M	Director	1140 N. WILLIAMSON BLVD., SUITE 140, DAYTONA BEACH	/s/ Daniel E. Smith, attorney-in-fact for Laura M. Franklin	2025-10-03	0001165972

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTO	Common Stock	Award	$12.5K	+755	+1.34%	$16.54	57.2K	Oct 1, 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were issued to the Reporting Person in lieu of her 3rd quarter 2025 board retainer fee of $12,500 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 the last business day of the calendar quarter, or $16.54450.
F2	This amount includes 334.274 shares acquired through the Issuer's dividend reinvestment plan since July 3, 2025 (the date of the Reporting Person's prior Form 4 filing).

Content

These shares were issued to the Reporting Person in lieu of her 3rd quarter 2025 board retainer fee of $12,500 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 the last business day of the calendar quarter, or $16.54450.

This amount includes 334.274 shares acquired through the Issuer's dividend reinvestment plan since July 3, 2025 (the date of the Reporting Person's prior Form 4 filing).