secwatch.observer — SEC 8-K summary
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Issuer:     CBL & ASSOCIATES PROPERTIES INC (CBL)
CIK:        0000910612
Form:       8-K
Filed at:   2023-01-27T23:59:59+00:00
Accession:  0000950170-23-001301
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910612/000095017023001301/0000950170-23-001301-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910612/000095017023001301/cbl-20230126.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-001301

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer