Laura M. Franklin - Jan 2, 2024 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
Jan 2, 2024
Transactions value $
$9,999
Form type
4
Date filed
1/4/2024, 04:30 PM
Previous filing
Oct 2, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTO Common Stock Award $10K +578 +1.33% $17.30 44.1K Jan 2, 2024 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 4th quarter 2023 board retainer fee of $10,000 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 the last day of the quarter, or $17.30000.
F2 This amount includes 140.760 shares acquired through the Issuer's dividend reinvestment plan since October 2, 2023 (the date of the Reporting Person's prior Form 4 filing).