Daniel E. Smith - Jan 26, 2024 Form 4 Insider Report for CTO Realty Growth, Inc. (CTO)

Signature
/s/ Daniel E. Smith
Stock symbol
CTO
Transactions as of
Jan 26, 2024
Transactions value $
-$63,756
Form type
4
Date filed
1/30/2024, 04:05 PM
Previous filing
Jan 12, 2024
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTO Common Stock Tax liability -$63.8K -3.79K -2.25% $16.84 165K Jan 26, 2024 Direct F1, F2
holding CTO Common Stock 3K Jan 26, 2024 Kathyleen R. Smith TOD F3
holding CTO Common Stock 3K Jan 26, 2024 Kathyleen R. Smith WFCS Custodian Trad IRA F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 26, 2024, a total of 9,623 shares of restricted common stock of the Issuer previously awarded to the Reporting Person became vested and unrestricted. A portion of the vesting shares was withheld by the Issuer in order to satisfy the Reporting Person's tax liability.
F2 This amount includes 20,193 shares of restricted common stock which vest over time, which were previously reported.
F3 The Reporting Person may be regarded as the beneficial owner of the shares of the Issuer's common stock held in this account as a result of a durable power of attorney pursuant to which the Reporting Person has the authority to direct the voting and disposition of such shares. The Reporting Person disclaims beneficial ownership of any shares of the Issuer's common stock held in this account except to the extent of his pecuniary interest therein.