---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-014478"
form_type: "8-K"
ticker: "CBL"
cik: "0000910612"
company_name: "CBL & ASSOCIATES PROPERTIES INC"
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T04:01:33.482225+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# CBL & Associates approves 2024 executive comp plans; CEO target cash bonus $1.4M

## Summary
- CEO Stephen Lebovitz: target cash bonus $1,403,216 (up 5% from 2023), LTIP target value $1,556,500.
- CFO Benjamin Jaenicke: target cash bonus $604,900, LTIP target $1,288,000; funds reallocated from LTIP to AIP.
- 2024 AIP goals include FFO, NOI, lease signings, ESG targets; CEO pay 70% quantitative / 30% qualitative.
- 2024 LTIP includes PSUs (60-70% of award) based on relative TSR vs FTSE NAREIT index and absolute TSR threshold of 6% annualized.
- Target bonus increase of 5% and $850K total reallocation from LTIP to AIP to adjust cash/equity pay mix.

## SEC filing metadata
- accession: 0000950170-24-014478
- form_type: 8-K
- ticker: CBL
- cik: 0000910612
- company_name: CBL & ASSOCIATES PROPERTIES INC
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910612/000095017024014478/0000950170-24-014478-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910612/000095017024014478/cbl-20240207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-014478
- JSON: https://secwatch.observer/filing/0000950170-24-014478.json
- Plain text: https://secwatch.observer/filing/0000950170-24-014478.txt

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