February 14, 2024 · Form 4 insider transaction
Brokaw George R bought 3,740 shares of Consolidated-Tomoka Land Co at $16.71 per share, a transaction worth $62.5K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
These shares were issued to the Reporting Person as his $62,500 "Annual Award" 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 February 9, 2024, or or $16.709000.