A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 11 filings in this group are Form 4s for CBL & Associates Properties, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 11 insider filings shown, the breakdown is 9 open-market sale, 1 gift and 1 tax withholding. 9 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-10-08
CBL insider CANYON CAPITAL ADVISORS LLC (Insider) sold 1,307,500 shares (~$68.24M)
CANYON CAPITAL ADVISORS LLC, listed as Insider at CBL & ASSOCIATES PROPERTIES INC, reported an open-market sale of 1,307,500 CBL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
1,307,500 |
$52.19 |
$68.24M |
Filing: Form 4 (Insider Transaction)
Insider: CANYON CAPITAL ADVISORS LLC (Insider)
Shares: 1,307,500
Est. Value: $68.24M
Form 4
Open-market sale
Insider Selling
2026-09-25
CBL insider Cope Jennifer (EVP Ops Services & Risk Mgmt) sold 6,763 shares (~$351.7K)
Cope Jennifer, listed as EVP Ops Services & Risk Mgmt at CBL & ASSOCIATES PROPERTIES INC, reported an open-market sale of 6,763 CBL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
6,763 |
$52.00 |
$351.7K |
Filing: Form 4 (Insider Transaction)
Insider: Cope Jennifer (EVP Ops Services & Risk Mgmt)
Shares: 6,763
Est. Value: $351.7K
Form 4
Open-market sale
Insider Selling
2026-09-23
CBL insider Khalili Joseph (EVP Financial Planning & Anlys) sold 6,763 shares (~$366.7K)
Khalili Joseph, listed as EVP Financial Planning & Anlys at CBL & ASSOCIATES PROPERTIES INC, reported an open-market sale of 6,763 CBL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
6,763 |
$54.21 |
$366.7K |
Filing: Form 4 (Insider Transaction)
Insider: Khalili Joseph (EVP Financial Planning & Anlys)
Shares: 6,763
Est. Value: $366.7K
Form 4
Open-market sale
Insider Selling
2026-09-17
CBL insider LEBOVITZ STEPHEN D (Director, CEO) sold 50,000 shares (~$2.64M)
LEBOVITZ STEPHEN D, listed as Director, CEO at CBL & ASSOCIATES PROPERTIES INC, reported an open-market sale of 50,000 CBL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
43,133 |
$52.73 |
$2.27M |
S |
Open-market sale
|
6,867 |
$53.47 |
$367.2K |
Filing: Form 4 (Insider Transaction)
Insider: LEBOVITZ STEPHEN D (Director, CEO)
Shares: 50,000
Est. Value: $2.64M
Form 4
Gift
Tax / Compensation Filing
2026-09-10
CBL insider Form 4 filed for equity award, exercise, or tax withholding
Curry Jeffery V. (Chief Legal Officer & Sec.) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were transferred as a gift, typically for estate or charitable planning. No sale into the market took place.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
G |
Gift
|
1,800 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Curry Jeffery V. (Chief Legal Officer & Sec.)
Shares: 1,800
Form 4
Open-market sale
Insider Selling
2026-09-08
CBL insider Curry Jeffery V. (Chief Legal Officer & Sec.) sold 681 shares (~$37.5K)
Curry Jeffery V., listed as Chief Legal Officer & Sec. at CBL & ASSOCIATES PROPERTIES INC, reported an open-market sale of 681 CBL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
681 |
$55.10 |
$37.5K |
Filing: Form 4 (Insider Transaction)
Insider: Curry Jeffery V. (Chief Legal Officer & Sec.)
Shares: 681
Est. Value: $37.5K
Form 4
Tax withholding
Tax / Compensation Filing
2026-09-03
CBL insider Form 4 filed for equity award, exercise, or tax withholding
Jaenicke Benjamin W (EVP - Chief Financial Officer) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were withheld by the company to settle tax due when equity vested. This is an automatic administrative step and not a decision to sell.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
F |
Tax withholding on vested shares
|
1,968 |
$54.37 |
$107.0K |
Filing: Form 4 (Insider Transaction)
Insider: Jaenicke Benjamin W (EVP - Chief Financial Officer)
Shares: 1,968
Form 4
Open-market sale
Insider Selling
2026-08-20
CBL insider Reinsmidt Kathryn A. (EVP - Chief Operating Officer) sold 17,515 shares (~$1.00M)
Reinsmidt Kathryn A., listed as EVP - Chief Operating Officer at CBL & ASSOCIATES PROPERTIES INC, reported an open-market sale of 17,515 CBL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
17,515 |
$57.10 |
$1.00M |
Filing: Form 4 (Insider Transaction)
Insider: Reinsmidt Kathryn A. (EVP - Chief Operating Officer)
Shares: 17,515
Est. Value: $1.00M
Form 4
Open-market sale
Insider Selling
2026-06-22
CBL insider Grody Howard B. (Exec VP-Leasing) sold 5,728 shares (~$275.1K)
Grody Howard B., listed as Exec VP-Leasing at CBL & ASSOCIATES PROPERTIES INC, reported an open-market sale of 5,728 CBL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
4,728 |
$48.06 |
$227.2K |
S |
Open-market sale
|
1,000 |
$47.92 |
$47.9K |
Filing: Form 4 (Insider Transaction)
Insider: Grody Howard B. (Exec VP-Leasing)
Shares: 5,728
Est. Value: $275.1K
Form 4
Open-market sale
Insider Selling
2026-06-09
CBL insider Fields David Michael (Director) sold 3,592 shares (~$172.3K)
Fields David Michael, listed as Director at CBL & ASSOCIATES PROPERTIES INC, reported an open-market sale of 3,592 CBL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
3,592 |
$47.97 |
$172.3K |
Filing: Form 4 (Insider Transaction)
Insider: Fields David Michael (Director)
Shares: 3,592
Est. Value: $172.3K
Form 4
Open-market sale
Insider Selling
2026-06-03
CBL insider Jaenicke Benjamin W (EVP - Chief Financial Officer) sold 6,500 shares (~$315.0K)
Jaenicke Benjamin W, listed as EVP - Chief Financial Officer at CBL & ASSOCIATES PROPERTIES INC, reported an open-market sale of 6,500 CBL shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
5,974 |
$48.45 |
$289.4K |
S |
Open-market sale
|
526 |
$48.56 |
$25.5K |
Filing: Form 4 (Insider Transaction)
Insider: Jaenicke Benjamin W (EVP - Chief Financial Officer)
Shares: 6,500
Est. Value: $315.0K