CTO Realty Growth boosts base salaries and grants restricted shares to three executives

CTO Realty Growth, Inc.

Base salaries increased: Greathouse and Partridge to $400k (from $367.5k), Smith to $282,857 (from $259,875).
Individual target bonus raised to 75% of base salary for Greathouse, Partridge, and Smith (formerly 50%).
Restricted share awards granted: 21,000 shares each to Greathouse and Partridge, 9,000 to Smith, vesting July 1, 2025.
Amendments to existing RSA/PSA agreements provide for full accelerated vesting on qualifying termination (without cause/good reason).
All share counts reflect the 3-for-1 stock split effective June 30, 2022.

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