---
schema_version: "secwatch.filing_event.v1"
accession: "0001837671-24-000021"
form_type: "8-K"
ticker: "CPPTL"
cik: "0001837671"
company_name: "Copper Property CTL Pass Through Trust"
filed_at: "2024-04-05T23:59:59+00:00"
generated_at: "2026-06-04T01:56:49.963689+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Copper Property CTL Trust declares $0.314653/cert distribution; Q4 JCP store EBITDAR/rent 2.2x

## Summary
- Aggregate distribution of $23.60M ($0.314653/certificate) payable Apr 10, record Apr 9.
- Q4 2023: Tenant EBITDAR of $72.9M, EBITDAR/rent ratio 2.2x on 130 JCP stores (17.3M sq ft).
- TTM as of Feb 3, 2024: Tenant EBITDAR $208.5M, EBITDAR/rent ratio 1.6x.
- Comparable store sales for JCP master lease properties declined 4.9% in Q4 2023.

## SEC filing metadata
- accession: 0001837671-24-000021
- form_type: 8-K
- ticker: CPPTL
- cik: 0001837671
- company_name: Copper Property CTL Pass Through Trust
- filed_at: 2024-04-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837671/000183767124000021/0001837671-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837671/000183767124000021/cpt-20240405.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001837671-24-000021
- JSON: https://secwatch.observer/filing/0001837671-24-000021.json
- Plain text: https://secwatch.observer/filing/0001837671-24-000021.txt

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