CBL · Insider Trading
CBL & Associates Properties, Inc.
Every open-market purchase and sale reported by CBL officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.
| Filed | Insider | Role | Type | Shares | Value |
|---|---|---|---|---|---|
| 2026-10-08 | Joshua S Friedman | — | Sell | −1,307,500 | −$68.24M |
| 2026-09-25 | Jennifer Cope | EVP Ops Services & Risk Mgmt | Sell | −6,763 | −$351.68K |
| 2026-09-23 | Joseph Khalili | EVP Financial Planning & Anlys | Sell | −6,763 | −$366.65K |
| 2026-09-17 | Stephen D Lebovitz | CEO | Sell | −50,000 | −$2.64M |
| 2026-09-10 | Jeffery V. Curry | Chief Legal Officer & Sec. | G | −1,800 | — |
| 2026-09-08 | Jeffery V. Curry | Chief Legal Officer & Sec. | Sell | −681 | −$37.52K |
| 2026-09-03 | Benjamin W Jaenicke | EVP - Chief Financial Officer | F | −1,968 | −$106.99K |
| 2026-08-20 | Kathryn A. Reinsmidt | EVP - Chief Operating Officer | Sell | −17,515 | −$1.00M |
| 2026-06-22 | Howard B. Grody | Exec VP-Leasing | Sell | −5,728 | −$275.14K |
| 2026-06-09 | David Michael Fields | Director | Sell | −3,592 | −$172.31K |
| 2026-06-03 | Benjamin W Jaenicke | EVP - Chief Financial Officer | Sell | −6,500 | −$314.99K |
| 2026-05-26 | Mitchell R Julis | — | Sell | −1,050,000 | −$48.76M |
| 2026-05-18 | Andrew Franklin Cobb | Exec VP-Accounting | Sell | −8,150 | −$373.33K |
| 2026-04-09 | Jeffery V. Curry | Chief Legal Officer & Sec. | G | −2,476 | — |
| 2026-04-08 | Jeffery V. Curry | Chief Legal Officer & Sec. | G | −3,000 | — |
| 2026-02-18 | Kathryn A. Reinsmidt | EVP - Chief Operating Officer | F | −2,661 | −$95.52K |
| 2026-02-18 | Joseph Khalili | EVP Financial Planning & Anlys | F | −404 | −$14.48K |
| 2026-02-18 | Benjamin W Jaenicke | EVP - Chief Financial Officer | F | −5,612 | −$201.56K |
| 2026-02-18 | Jennifer Cope | EVP Ops Services & Risk Mgmt | F | −404 | −$14.48K |
| 2026-02-18 | Andrew Franklin Cobb | Exec VP-Accounting | F | −880 | −$31.57K |
| 2026-02-18 | Jeffery V. Curry | Chief Legal Officer & Sec. | F | −2,661 | −$95.52K |
| 2026-02-18 | Stephen D Lebovitz | CEO | F | −5,619 | −$201.92K |
| 2026-02-18 | Howard B. Grody | Exec VP-Leasing | F | −880 | −$31.57K |
| 2026-02-18 | Michael I Lebovitz | President | F | −2,661 | −$95.52K |
| 2026-02-13 | Joseph Khalili | EVP Financial Planning & Anlys | MIXED | +13,674 | −$53.37K |
| 2026-02-13 | David J Contis | Director | A | +50,000 | — |
| 2026-02-13 | Alan L. Lebovitz | Executive VP - Management | A | +36,486 | — |
| 2026-02-13 | Kathryn A. Reinsmidt | EVP - Chief Operating Officer | MIXED | +61,614 | −$362.57K |
| 2026-02-13 | Benjamin W Jaenicke | EVP - Chief Financial Officer | MIXED | +90,089 | −$72.43K |
| 2026-02-13 | Andrew Franklin Cobb | Exec VP-Accounting | MIXED | +31,574 | −$177.38K |
| 2026-02-13 | Stephen D Lebovitz | CEO | MIXED | +190,394 | −$1.90M |
| 2026-02-13 | Jeffery V. Curry | Chief Legal Officer & Sec. | MIXED | +61,625 | −$362.17K |
| 2026-02-13 | Howard B. Grody | Exec VP-Leasing | MIXED | +31,577 | −$177.27K |
| 2026-02-13 | Michael I Lebovitz | President | MIXED | +61,628 | −$362.06K |
| 2026-02-13 | Jennifer Cope | EVP Ops Services & Risk Mgmt | MIXED | +13,673 | −$53.41K |
| 2026-01-05 | Jeffery V. Curry | Chief Legal Officer & Sec. | G | −672 | — |
| 2025-12-29 | Jeffery V. Curry | Chief Legal Officer & Sec. | G | −668 | — |
| 2025-12-18 | Stephen D Lebovitz | CEO | F | −29,513 | −$1.10M |
| 2025-12-18 | Andrew Franklin Cobb | Exec VP-Accounting | F | −2,460 | −$91.92K |
| 2025-12-18 | Joseph Khalili | EVP Financial Planning & Anlys | F | −609 | −$22.76K |
| 2025-12-18 | Howard B. Grody | Exec VP-Leasing | F | −2,460 | −$91.92K |
| 2025-12-18 | Jennifer Cope | EVP Ops Services & Risk Mgmt | F | −609 | −$22.76K |
| 2025-12-18 | Jeffery V. Curry | Chief Legal Officer & Sec. | F | −4,919 | −$183.80K |
| 2025-12-18 | Michael I Lebovitz | President | F | −4,919 | −$183.80K |
| 2025-12-18 | Kathryn A. Reinsmidt | EVP - Chief Operating Officer | F | −4,919 | −$183.80K |
| 2025-12-17 | David J Contis | Director | A | +3,346 | +$125.02K |
| 2025-12-17 | Jeffrey Kivitz | Director | A | +3,346 | +$125.02K |
| 2025-12-17 | Michael A Torres | Director | A | +3,346 | +$125.02K |
| 2025-12-17 | David Michael Fields | Director | A | +3,346 | +$125.02K |
| 2025-12-17 | Robert G Gifford | Director | A | +3,346 | +$125.02K |
| Insider | Role | Shares Held | Value |
|---|---|---|---|
| Mitchell R Julis | — | 7,416,294 | $356.20M |
| Joshua S Friedman | — | 6,108,794 | $293.41M |
| OCM Xb CBL-E Holdings, LLC | 10%+ Owner | 2,983,967 | $143.32M |
| Stephen D Lebovitz | CEO | 507,072 | $24.35M |
| Jeffery V. Curry | Chief Legal Officer & Sec. | 143,018 | $6.87M |
| Kathryn A. Reinsmidt | EVP - Chief Operating Officer | 138,539 | $6.65M |
| Benjamin W Jaenicke | EVP - Chief Financial Officer | 128,639 | $6.18M |
| David J Contis | Director | 117,170 | $5.63M |
| Michael I Lebovitz | President | 112,067 | $5.38M |
| Howard B. Grody | Exec VP-Leasing | 77,321 | $3.71M |
| Alan L. Lebovitz | Executive VP - Management | 75,843 | $3.64M |
| Andrew Franklin Cobb | Exec VP-Accounting | 59,673 | $2.87M |
| Marjorie L. Bowen | Director | 33,440 | $1.61M |
| Jennifer Cope | EVP Ops Services & Risk Mgmt | 24,009 | $1.15M |
| Joseph Khalili | EVP Financial Planning & Anlys | 23,948 | $1.15M |
| Robert G Gifford | Director | 20,754 | $996.81K |
| David Michael Fields | Director | 18,522 | $889.61K |
| Jeffrey Kivitz | Director | 17,606 | $845.62K |
| Michael A Torres | Director | 16,578 | $796.24K |
Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.
Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.
Full filing history and per-insider positions are on the CBL quote page; the site-wide leaderboard is on the insider transactions hub.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.