---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-031342"
form_type: "8-K"
ticker: "CBL"
cik: "0000910612"
company_name: "CBL & ASSOCIATES PROPERTIES INC"
filed_at: "2022-09-09T23:59:59+00:00"
generated_at: "2026-06-23T12:26:13.116842+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CBL Properties adopts limited-duration stockholder rights agreement (poison pill) expiring Sept. 2023

## Summary
- Rights dividend of one right per share; record date September 22, 2022.
- Rights become exercisable if a person/group acquires 10% or more of common stock (with exceptions for certain existing holders).
- Rights Agreement automatically expires on September 8, 2023; no dead-hand or slow-hand provisions.
- Issuance of rights is not taxable to CBL or its stockholders; no impact on reported EPS.
- CEO states pill is to protect long-term shareholder interests and allow board to evaluate value-creation strategies.

## SEC filing metadata
- accession: 0001564590-22-031342
- form_type: 8-K
- ticker: CBL
- cik: 0000910612
- company_name: CBL & ASSOCIATES PROPERTIES INC
- filed_at: 2022-09-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910612/000156459022031342/0001564590-22-031342-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910612/000156459022031342/cbl-8k_20220908.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-031342
- JSON: https://secwatch.observer/filing/0001564590-22-031342.json
- Plain text: https://secwatch.observer/filing/0001564590-22-031342.txt

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