---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-001301"
form_type: "8-K"
ticker: "CBL"
cik: "0000910612"
company_name: "CBL & ASSOCIATES PROPERTIES INC"
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:38:10.035970+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Director Kaj Vazales resigns from CBL board; 1,885 unvested shares forfeited

## Summary
- Kaj Vazales resigned effective Jan 26, 2023, due to change in principal business association, no disagreement with company.
- Board reduced from 8 to 7 directors; Vazales served on Compensation and Nominating/Governance committees.
- Of his restricted stock, 3,143 shares fully vested; remaining 1,885 shares forfeited.
- Vazales received full cash compensation for Q1 2023 board service.

## SEC filing metadata
- accession: 0000950170-23-001301
- form_type: 8-K
- ticker: CBL
- cik: 0000910612
- company_name: CBL & ASSOCIATES PROPERTIES INC
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910612/000095017023001301/0000950170-23-001301-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910612/000095017023001301/cbl-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-001301
- JSON: https://secwatch.observer/filing/0000950170-23-001301.json
- Plain text: https://secwatch.observer/filing/0000950170-23-001301.txt

## Key facts
- Executive change
  Kaj Vazales resigned as Director at CBL & ASSOCIATES PROPERTIES INC.
  - Action: resigned
  - Role: Director
  source text: On January 26, 2023, Kaj Vazales provided notice of his resignation as a member of the Board of Directors (the “Board”) of CBL & Associates Properties, Inc. (the “Company”) effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000095017023001301/0000950170-23-001301-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.