CBL & Associates CEO Lebovitz Sells 50,000 Shares for $2.6 Million
Lebovitz retains over 507,000 shares worth $26.9 million.
Overview
Stephen D. Lebovitz, CEO of CBL & Associates Properties, Inc. (NYSE:CBL), reported a sale of 50,000 shares of common stock on Sept. 16, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($52.83); post-transaction value based on Sept. 16 market close ($53.06).
Details
CBL & Associates Properties operates as a real estate investment trust (REIT). It has a national portfolio of 88 retail properties comprising 55.6 million square feet.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.