CBL & Associates Properties (CBL) president Lebovitz gave up 2,661 shares at an average $35.89 to cover taxes or an exercise price
Insider transactions reported
Michael I Lebovitz (President at CBL & Associates Properties Inc., CBL) reported that they gave up 2,661 shares at an average $35.89 to cover taxes or an exercise price on Feb 17, 2026. After these transactions the filing shows 110,542 shares held directly.
- Reporting person
- Lebovitz Michael I
- Role
- President
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Feb 17, 2026 | Shares withheld for taxes or exercise price (F) | Common Stock1 | -2,661 | avg $35.89 | $95.5K | 110,542 direct |
Holdings before and after
- Common Stock: 113,203 to 110,542 direct
Other positions listed
- Common Stock: 10 indirect, By Spouse
- Common Stock: 296 indirect, By Trust
- Common Stock: 90 indirect, By Trust
Footnotes from the filing
- 1. On February 17, 2026, the Issuer calculated and notified the Reporting Person of the number of shares to be withheld for taxes in connection with the vesting of shares from prior restricted stock awards on February 12, 2026 (determined using the $35.59 average of the high and low NYSE prices reported for Issuer's common stock on such date) and on February 15, 2026 (using the $36.125 average of the high and low NYSE prices reported for Issuer's common stock on February 13, 2026, the last trading day prior to the vesting date).
- 2. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- 3. Reported ownership includes the following holdings by Trusts: (i) 90 shares held in three Trusts for the benefit of the Reporting Person's children, as to which the Reporting Person's father serves as Trustee and (ii) 296 shares held in a Trust for the benefit of the Reporting Person's children, as to which the Reporting Person's brother serves as Trustee.
Transaction codes in this filing
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Lebovitz report in this CBL Form 4?
Michael I Lebovitz (President at CBL & Associates Properties Inc., CBL) reported that they gave up 2,661 shares at an average $35.89 to cover taxes or an exercise price on Feb 17, 2026. After these transactions the filing shows 110,542 shares held directly.
How many CBL shares does Lebovitz hold after this filing?
The filing shows 110,542 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code F mean on an SEC Form 4?
Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
Historical context for CBL
Across the 5 sessions after earlier CBL headlines, the stock closed higher 5 times and lower 0 times, with a median move of 2.3% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | CBL | SPY |
|---|---|---|---|
| Feb 12, 2026 | CBL Properties Declares First Quarter Regular Cash Dividend | +2.9% | -1.5% |
| Jan 26, 2026 | CBL Properties Announces Tax Reporting Information for 2025 Common Stock Dividends | +0.3% | +0.5% |
| Dec 3, 2025 | Ladenburg Thalmann initiated coverage on CBL & Assoc with a new price target | +3.3% | +0.3% |
| Nov 6, 2025 | CBL Properties Celebrates Opening of Primark at CoolSprings Galleria in Nashville, Tennesseeand 1 other headline that session | +2.3% | -1.1% |
| Oct 24, 2025 | CBL Properties Announces Sale of Its Interest in Fremaux Town Center in Slidell, LA | +0.1% | +0.8% |
Earlier insider filings at CBL
- Feb 18, 2026EVP - Chief Operating Officer Reinsmidt Kathryn A. covered exercise/tax liability with 2,661 shares, decreasing direct ownership by 2% to 156,054 units (SEC Form 4)
- Feb 18, 2026EVP Financial Planning & Anlys Khalili Joseph covered exercise/tax liability with 404 shares, decreasing direct ownership by 1% to 30,711 units (SEC Form 4)
- Feb 18, 2026EVP Ops Services & Risk Mgmt Cope Jennifer covered exercise/tax liability with 404 shares, decreasing direct ownership by 1% to 30,772 units (SEC Form 4)
- Feb 18, 2026Chief Legal Officer & Sec. Curry Jeffery V. covered exercise/tax liability with 2,661 shares (SEC Form 4)
- Feb 18, 2026Exec VP-Leasing Grody Howard B. covered exercise/tax liability with 880 shares (SEC Form 4)
- Market cap
- 30-day
- Sector
- Real Estate
- Industry
- Real Estate Investment Trusts
- Listed since
- 2021
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