George R. Brokaw - Oct 2, 2023 Form 4 Insider Report for CTO Realty Growth, Inc. (CTO)

Role
Director
Signature
/s/ Daniel E. Smith, attorney-in-fact for George R. Brokaw
Stock symbol
CTO
Transactions as of
Oct 2, 2023
Transactions value $
$15,000
Form type
4
Date filed
10/2/2023, 06:30 PM
Previous filing
Jul 3, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTO Common Stock Award $15K +899 +1.19% $16.69 76.5K Oct 2, 2023 Direct F1
holding CTO Common Stock 3.86K Oct 2, 2023 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 3rd quarter 2023 board retainer fee of $10,000 and committee retainer fees of $5,000 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 $16.68500.
F2 These securities are held directly by the above-named trust, of which the Reporting Person is a beneficiary and trustee.