George R. Brokaw - 01 Jul 2025 Form 4 Insider Report for CTO Realty Growth, Inc. (CTO)

Role: Director
Signature: /s/ Daniel E. Smith, attorney-in-fact for George R. Brokaw
Issuer symbol: CTO
Transactions as of: 01 Jul 2025
Net transactions value: +$19,994
Form type: 4
Filing time: 03 Jul 2025, 16:30:17 UTC
Previous filing: 26 Jun 2025
Next filing: 20 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Brokaw George R	Director	ECHOSTAR CORP., 9601 S MERIDIAN BLVD, ENGLEWOOD	/s/ Daniel E. Smith, attorney-in-fact for George R. Brokaw	03 Jul 2025	0001589074

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTO	Common Stock	Award	$19,994	+1,103	+1.2%	$18.13	92,804	01 Jul 2025	Direct	F1
holding	CTO	Common Stock						3,858	01 Jul 2025	Babette Brokaw Revocable Trust	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 his 2nd quarter 2025 board retainer fee of $12,500 and committee retainer fees of $7,500 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 $18.126500.
F2	These securities are held directly by the above-named trust, of which the Reporting Person is a beneficiary and trustee.

Content

These shares were issued to the Reporting Person in lieu of his 2nd quarter 2025 board retainer fee of $12,500 and committee retainer fees of $7,500 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 $18.126500.

These securities are held directly by the above-named trust, of which the Reporting Person is a beneficiary and trustee.