{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-109229","form_type":"8-K","ticker":"CTO","cik":"0000023795","company_name":"CTO Realty Growth, Inc.","filed_at":"2025-11-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.629513+00:00","generated_at":"2026-05-16T22:43:51.583128+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"CTO Manager waives 50% of base fee on PINE preferred equity proceeds (1.50%→0.75%)","bullets":["PINE plans $ offering of 8.00% Series A Cumulative Redeemable Preferred Stock priced Nov 5, 2025.","Manager waives portion of Base Management Fee on incremental equity from preferred proceeds, reducing rate from 1.50% to 0.75% per annum.","Waiver contingent on completion of offering by Nov 30, 2025; if not completed, waiver void.","All other terms of Management Agreement remain in full force."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-109229","json":"https://secwatch.observer/filing/0001104659-25-109229.json","markdown":"https://secwatch.observer/filing/0001104659-25-109229.md","text":"https://secwatch.observer/filing/0001104659-25-109229.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/23795/000110465925109229/0001104659-25-109229-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/23795/000110465925109229/tm2530811d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T22:43:51.583128+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}