Steven R. Greathouse - Feb 11, 2025 Form 4 Insider Report for CTO Realty Growth, Inc. (CTO)

Role
SVP & CHIEF INVESTMENT OFFICER
Signature
/s/ Daniel E. Smith, attorney-in-fact for Steven R. Greathouse
Stock symbol
CTO
Transactions as of
Feb 11, 2025
Transactions value $
-$84,241
Form type
4
Date filed
2/13/2025, 05:45 PM
Previous filing
Jan 30, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTO Common Stock Award $0 +17.1K +11% $0.00 172K Feb 11, 2025 Direct F1, F2
transaction CTO Common Stock Tax liability -$84.2K -4.16K -2.41% $20.26 168K Feb 11, 2025 Direct F2, F3
transaction CTO Common Stock Award $0 +16.1K +9.57% $0.00 184K Feb 12, 2025 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 11, 2025, the Issuer issued 17,078 shares of its common stock (the "Issued Shares") to the Reporting Person. The Issued Shares were issued pursuant to a Performance Shares Award Agreement between the Issuer and the Reporting Person dated February 17, 2022, the form of which has been filed as an exhibit to the Issuer's annual report on Form 10-K for the year ended December 31, 2021.
F2 This amount includes 34,911 shares of restricted common stock which vest over time, which were previously reported.
F3 On February 11, 2025, the Reporting Person instructed the Issuer to withhold 4,158 of the Issued Shares to satisfy the Reporting Person's payroll tax liability.
F4 Restricted shares one-third of which vest on each of the first, second and third anniversaries of January 28, 2025, provided that the reporting person is an employee of the Issuer on those dates.
F5 This amount includes the 16,090 newly issued restricted shares reported above, as well as 34,911 additional shares of restricted common stock which vest over time, which were previously reported.