---
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"
generated_at: "2026-05-16T22:43:51.583128+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# CTO Manager waives 50% of base fee on PINE preferred equity proceeds (1.50%→0.75%)

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-109229
- JSON: https://secwatch.observer/filing/0001104659-25-109229.json
- Plain text: https://secwatch.observer/filing/0001104659-25-109229.txt

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