Laura M. Franklin - Feb 16, 2023 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: Feb 16, 2023
Transactions value $: $35,002
Form type: 4
Date filed: 2/17/2023, 04:00 PM
Previous filing: Jan 4, 2023
Next filing: Apr 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTO	Common Stock	Award	$35K	+1.83K	+4.64%	$19.17	41.2K	Feb 16, 2023	Direct	F1

* 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 as her $35,000 "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 10, 2021). 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 10, 2023, or or $19.1685.

Content

These shares were issued to the Reporting Person as her $35,000 "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 10, 2021). 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 10, 2023, or or $19.1685.