CTO Realty Growth, Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the results of the 2025 Annual Meeting of Stockholders held on June 18, 2025. CTO Realty Growth, Inc. is a Maryland corporation with its principal executive offices in Winter Park, Florida. The company's common stock and preferred stock trade on the NYSE under the symbols CTO and CTO-PA, respectively.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and voting outcomes rather than financial performance.
Material Changes and Voting Results
Stockholders voted on three proposals at the Annual Meeting:
- Proposal 1 (Election of Directors): Six directors were elected to serve until the 2026 Annual Meeting. Voting results varied by candidate, with significant broker non-votes recorded for all nominees.
- Proposal 2 (Ratification of Auditors): Stockholders ratified the appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
- Proposal 3 (Say-on-Pay): Stockholders approved, on a non-binding advisory basis, the compensation of the named executive officers.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items. The document serves as a disclosure of the completed voting process.
Key Facts for Investor Verification
- Verify the specific vote counts for R. Blakeslee Gable, who received the highest number of "Against" votes (2,621,398) among the director nominees.
- Confirm the total number of shares represented at the meeting by aggregating For, Against, Abstain, and Broker Non-Votes.
- Review the definitive proxy statement dated April 28, 2025, for detailed biographies of the elected directors and the specific compensation metrics approved in the Say-on-Pay vote.
- Note that Grant Thornton LLP is now the confirmed auditor for the fiscal year ending December 31, 2025.