Drew Christopher J bought CTO
January 2, 2024 · Form 4 insider transaction
Drew Christopher J bought 722 shares of CTO Realty Growth, Inc. at $17.30 per share, a transaction worth $12.5K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
These shares were issued to the Reporting Person in lieu of his 4th quarter 2023 board retainer fee of $10,000 and committee retainer fees of $2,500 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 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.