Smith Daniel Earl

SEC source: 0001623528-26-000006 · form4-02132026_050201.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 208,842

F1 · shares: Restricted shares one-third of which vest on each of the first, second and third anniversaries of January 28, 2026, provided that the reporting person is an employee of the Issuer on those dates.

F2 · balance_after: This amount includes the 11,266 newly issued restricted shares reported above, as well as 10,544 additional shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001623528-26-000004 · form4-01302026_050106.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 197,576

F1 · shares: On January 28, 2025, a total of 11,559 shares of restricted common stock of the Issuer previously awarded to the Reporting Person became vested and unrestricted. A portion of the vesting shares was withheld by the Issuer in order to satisfy the Reporting Person's tax liability.

F2 · balance_after: This amount includes 10,544 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001623528-26-000002 · form4-01132026_040107.xml · nonDerivative · entry 2

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 202,124

F3 · shares: On January 12, 2026, the Reporting Person instructed the Issuer to withhold 7,174 of the Issued Shares to satisfy the Reporting Person's payroll tax liability.

F2 · balance_after: This amount includes 22,103 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001623528-26-000002 · form4-01132026_040107.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 209,298

F1 · shares: On January 12, 2026, the Issuer issued 16,997 shares of its common stock (the "Issued Shares") to the Reporting Person. The Issued Shares were issued pursuant to a Performance Shares Award Agreement between the Issuer and the Reporting Person dated February 17, 2023, the form of which has been filed as an exhibit to the Issuer's annual report on Form 10-K for the year ended December 31, 2022.

F2 · balance_after: This amount includes 22,103 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001623528-25-000003 · form4-12312025_021258.xml · nonDerivative · entry 2

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 192,301

F1 · balance_after: This amount includes 22,103 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001623528-25-000003 · form4-12312025_021258.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 194,301

F1 · balance_after: This amount includes 22,103 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-25-024302 · form4-09112025_060903.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 194,496

F1 · balance_after: This amount includes 22,103 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-25-021429 · form4-08112025_040801.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,300

F1 · price: The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $14.095 to $14.13, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

F2 · balance_after: Mr. Smith also serves as the Senior Vice President, General Counsel and Corporate Secretary of CTO Realty Growth, Inc. ("CTO"). Mr. Smith disclaims beneficial ownership of all equity securities of the Issuer that are or may be beneficially owned by CTO or any of its affiliates. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Smith is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities of the Issuer that are or may be beneficially owned by CTO or any of its affiliates.

SEC source: 0001415889-25-018257 · form4-06262025_050625.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 193,496

F1 · price: The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $16.93 to $17.01, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

F2 · balance_after: This amount includes 31,103 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-25-003929 · form4-02132025_050204.xml · nonDerivative · entry 3

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 191,496

F4 · shares: Restricted shares one-third of which vest on each of the first, second and third anniversaries of January 28, 2025, provided that the reporting person is an employee of the Issuer on those dates.

F5 · balance_after: This amount includes the 10,366 newly issued restricted shares reported above, as well as 20,737 additional shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-25-003929 · form4-02132025_050204.xml · nonDerivative · entry 2

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 181,130

F3 · shares: On February 11, 2025, the Reporting Person instructed the Issuer to withhold 2,940 of the Issued Shares to satisfy the Reporting Person's payroll tax liability.

F2 · balance_after: This amount includes 20,737 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-25-003929 · form4-02132025_050204.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 184,070

F1 · shares: On February 11, 2025, the Issuer issued 12,078 shares of its common stock (the "Issued Shares") to the Reporting Person. The Issued Shares were issued pursuant to a Performance Shares Award Agreement between the Issuer and the Reporting Person dated February 17, 2022, the form of which has been filed as an exhibit to the Issuer's annual report on Form 10-K for the year ended December 31, 2021.

F2 · balance_after: This amount includes 20,737 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-25-002388 · form4-01302025_050105.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 171,992

F1 · shares: On January 28, 2025, a total of 10,355 shares of restricted common stock of the Issuer previously awarded to the Reporting Person became vested and unrestricted. A portion of the vesting shares was withheld by the Issuer in order to satisfy the Reporting Person's tax liability.

F2 · balance_after: This amount includes 20,737 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-24-028121 · form4-12032024_051201.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 174,832

F1 · balance_after: This amount includes 31,092 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-24-004173 · form4-02162024_050215.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 175,668

F1 · shares: Restricted shares one-third of which vest on each of the first, second and third anniversaries of January 28, 2024, provided that the reporting person is an employee of the Issuer on those dates.

F2 · balance_after: This amount includes the 10,899 restricted shares reported above, as well as 20,193 additional shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-24-001973 · form4-01302024_040114.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 164,769

F1 · shares: On January 26, 2024, a total of 9,623 shares of restricted common stock of the Issuer previously awarded to the Reporting Person became vested and unrestricted. A portion of the vesting shares was withheld by the Issuer in order to satisfy the Reporting Person's tax liability.

F2 · balance_after: This amount includes 20,193 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-24-001038 · form4-01122024_040109.xml · nonDerivative · entry 2

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 168,555

F3 · shares: On January 10, 2024, the Reporting Person instructed the Issuer to withhold 6,592 of the Issued Shares to satisfy the Reporting Person's payroll tax liability.

F2 · balance_after: This amount includes (i) 29,816 shares of restricted common stock which vest over time, which were previously reported, and (ii) 1,712 shares of common stock acquired through the Issuer's dividend reinvestment plan since March 14, 2023 (the date of the Reporting Person's previous Form 4 filing).

SEC source: 0001415889-24-001038 · form4-01122024_040109.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 175,147

F1 · shares: On January 10, 2024, the Issuer issued 15,561 shares of its common stock (the "Issued Shares") to the Reporting Person. The Issued Shares were issued pursuant to a Performance Shares Award Agreement between the Issuer and the Reporting Person dated February 10, 2021, the form of which has been filed as an exhibit to the Issuer's annual report on Form 10-K for the year ended December 31, 2020.

F2 · balance_after: This amount includes (i) 29,816 shares of restricted common stock which vest over time, which were previously reported, and (ii) 1,712 shares of common stock acquired through the Issuer's dividend reinvestment plan since March 14, 2023 (the date of the Reporting Person's previous Form 4 filing).

SEC source: 0001415889-25-011382 · form4-04252025_060401.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 192,496

F1 · balance_after: This amount includes 31,103 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-23-004836 · form4-03142023_040301.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 157,744

F1 · balance_after: This amount includes 29,816 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-23-003665 · form4-03012023_040302.xml · nonDerivative · entry 2

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Indirect · Kathyleen R. Smith TOD

Disclosed balance after: 3,000

F1 · ownership.nature: The Reporting Person may be regarded as the beneficial owner of the shares of the Issuer's common stock held in this account as a result of a durable power of attorney pursuant to which the Reporting Person has the authority to direct the voting and disposition of such shares. The Reporting Person disclaims beneficial ownership of any shares of the Issuer's common stock held in this account except to the extent of his pecuniary interest therein.

SEC source: 0001415889-23-003665 · form4-03012023_040302.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Indirect · Kathyleen R. Smith TOD

Disclosed balance after: 2,110

F1 · ownership.nature: The Reporting Person may be regarded as the beneficial owner of the shares of the Issuer's common stock held in this account as a result of a durable power of attorney pursuant to which the Reporting Person has the authority to direct the voting and disposition of such shares. The Reporting Person disclaims beneficial ownership of any shares of the Issuer's common stock held in this account except to the extent of his pecuniary interest therein.

SEC source: 0001415889-23-003665 · form4-03012023_040302.xml · nonDerivative · entry 3

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 156,744

F2 · balance_after: This amount includes 29,816 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-23-002788 · form4-02172023_050201.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 154,744

F1 · shares: Restricted shares one-third of which vest on each of the first, second and third anniversaries of January 28, 2023, provided that the reporting person is an employee of the Issuer on those dates.

F2 · balance_after: This amount includes the 13,413 restricted shares reported above, as well as 16,403 additional shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-23-001650 · form4-01312023_040121.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 141,331

F1 · shares: On January 28, 2023, a total of 7,594 shares of restricted common stock of the Issuer previously awarded to the reporting person became vested and unrestricted. A portion of the vesting shares was withheld by the Issuer in order to satisfy the reporting person's tax liability.

F2 · balance_after: This amount includes 16,403 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-23-006363 · form4a-04072023_050403.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 141,460

F1 · shares: On January 28, 2023, a total of 7,594 shares of restricted common stock of the Issuer previously awarded to the reporting person became vested and unrestricted. A portion of the vesting shares was withheld by the Issuer in order to satisfy the reporting person's payroll tax liability. On January 31, 2023, the reporting person filed a Form 4 erroneously reporting that 1,977 vesting shares were withheld. The correct number of vesting shares withheld was 1,848. This amendment is being filed to correct the number of shares so withheld. In addition, as a result of the error described above, 129 shares were omitted from Table I, Column 5 in the Forms 4 filed by the reporting person on February 17, 2023, March 1, 2023, and March 14, 2023.

F2 · balance_after: This amount includes 16,403 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-23-000895 · form4-01122023_050106.xml · nonDerivative · entry 2

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 143,308

F3 · shares: On January 10, 2023, the Reporting Person instructed the Issuer to withhold 3,553 of the Issued Shares to satisfy the Reporting Person's payroll tax liability.

F2 · balance_after: This amount includes (i) 23,997 shares of restricted common stock which vest over time, which were previously reported, and (ii) 2,397 shares of common stock acquired through the Issuer's dividend reinvestment plan since September 28, 2022 (the date of the Reporting Person's previous Form 4 filing).

SEC source: 0001415889-23-000895 · form4-01122023_050106.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 146,861

F1 · shares: On January 10, 2023, the Issuer issued 13,473 shares of its common stock (the "Issued Shares") to the Reporting Person. The Issued Shares were issued pursuant to a Performance Shares Award Agreement between the Issuer and the Reporting Person dated February 24, 2020, the form of which has been filed as an exhibit to the Issuer's annual report on Form 10-K for the year ended December 31, 2019.

F2 · balance_after: This amount includes (i) 23,997 shares of restricted common stock which vest over time, which were previously reported, and (ii) 2,397 shares of common stock acquired through the Issuer's dividend reinvestment plan since September 28, 2022 (the date of the Reporting Person's previous Form 4 filing).

SEC source: 0001415889-22-010005 · form4-09282022_050907.xml · nonDerivative · entry 3

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 130,991

F2 · balance_after: This amount includes the following: (i) the 9,000 restricted shares reported above, as well as 14,997 additional shares of restricted common stock which vest over time which were previously reported; and (ii) 1,037 shares of common stock acquired through the Issuer's dividend reinvestment plan since June 9, 2022 (the date of the reporting person's previous Form 4 filing).

F3 · balance_after: Share amounts reported in this Form 4 reflect the Company's 3-for-1 stock split, which was effected in the form of a stock dividend that was paid on June 30, 2022 to stockholders of record at the close of business on June 27, 2022. The Company's stock began trading at the post-split price on July 1, 2022.

SEC source: 0001415889-22-010005 · form4-09282022_050907.xml · nonDerivative · entry 2

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 130,491

F2 · balance_after: This amount includes the following: (i) the 9,000 restricted shares reported above, as well as 14,997 additional shares of restricted common stock which vest over time which were previously reported; and (ii) 1,037 shares of common stock acquired through the Issuer's dividend reinvestment plan since June 9, 2022 (the date of the reporting person's previous Form 4 filing).

F3 · balance_after: Share amounts reported in this Form 4 reflect the Company's 3-for-1 stock split, which was effected in the form of a stock dividend that was paid on June 30, 2022 to stockholders of record at the close of business on June 27, 2022. The Company's stock began trading at the post-split price on July 1, 2022.

SEC source: 0001415889-22-010005 · form4-09282022_050907.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 129,991

F1 · shares: Restricted shares which vest on the third anniversary of July 1, 2022, provided that the reporting person is an employee of the Issuer on such date.

F2 · balance_after: This amount includes the following: (i) the 9,000 restricted shares reported above, as well as 14,997 additional shares of restricted common stock which vest over time which were previously reported; and (ii) 1,037 shares of common stock acquired through the Issuer's dividend reinvestment plan since June 9, 2022 (the date of the reporting person's previous Form 4 filing).

F3 · balance_after: Share amounts reported in this Form 4 reflect the Company's 3-for-1 stock split, which was effected in the form of a stock dividend that was paid on June 30, 2022 to stockholders of record at the close of business on June 27, 2022. The Company's stock began trading at the post-split price on July 1, 2022.

SEC source: 0001415889-22-006395 · form4-06092022_060601.xml · derivative · entry 5

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 9,000 shares

Expires 2024-10-22

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: The option, representing a right to purchase a total of 12,541 shares, became exercisable in three installments on the first, second and third anniversaries of the grant date, which was 10/22/2014.

SEC source: 0001415889-22-006395 · form4-06092022_060601.xml · nonDerivative · entry 2

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,985

F1 · balance_after: This amount includes (i) 4,999 shares of restricted common stock which vest over time, which were previously reported, and (ii) 261 shares of common stock acquired through the Issuer's dividend reinvestment plan since February 18, 2022 (the date of the Reporting Person's previous Form 4 filing).

SEC source: 0001415889-22-006395 · form4-06092022_060601.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 46,291

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: This amount includes (i) 4,999 shares of restricted common stock which vest over time, which were previously reported, and (ii) 261 shares of common stock acquired through the Issuer's dividend reinvestment plan since February 18, 2022 (the date of the Reporting Person's previous Form 4 filing).

SEC source: 0001415889-22-003337 · form4-03242022_050301.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,300

F1 · balance_after: Mr. Smith also serves as the Senior Vice President, General Counsel & Corporate Secretary of CTO Realty Growth, Inc. ("CTO"). Mr. Smith disclaims beneficial ownership of all equity securities of the Issuer that are or may be beneficially owned by CTO or any of its affiliates. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Smith is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities of the Issuer that are or may be beneficially owned by CTO or any of its affiliates.

SEC source: 0001415889-22-001558 · form4-02182022_040207.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,030

F1 · shares: Restricted shares one-third of which vest on each of the first, second and third anniversaries of January 28, 2022, provided that the reporting person is an employee of the Issuer on those dates.

F2 · balance_after: This amount includes the 2,251 restricted shares reported above, as well as 2,748 additional shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-22-000912 · form4-01312022_090123.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,779

F1 · shares: On January 27, 2022, the Issuer issued 4,725 shares of its common stock (the "Issued Shares") to the Reporting Person. The Issued Shares were issued pursuant to a Performance Shares Award Agreement between the Issuer and the Reporting Person dated January 23, 2019, the form of which has been filed as an exhibit to the Issuer's annual report on Form 10-K for the year ended December 31, 2020.

F2 · balance_after: This amount includes (i) 5,389 shares of restricted common stock which vest over time, which were previously reported, and (ii) 138 shares of common stock acquired through the Issuer's dividend reinvestment plan since December 22, 2021 (the date of the Reporting Person's previous Form 4 filing).

SEC source: 0001415889-21-006182 · form4-12222021_041217.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Indirect · Kathyleen R. Smith WFCS Custodian Trad IRA

Disclosed balance after: 1,000

F1 · ownership.nature: The Reporting Person may be regarded as the beneficial owner of the shares of the Issuer's common stock held in this account as a result of a durable power of attorney pursuant to which the Reporting Person has the authority to direct the voting and disposition of such shares. The Reporting Person disclaims beneficial ownership of any shares of the Issuer's common stock held in this account except to the extent of his pecuniary interest therein.

SEC source: 0001415889-21-001539 · form4-03172021_060302.xml · derivative · entry 2

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,000

Underlying: Common Stock · 3,541 shares

Expires 2024-10-22

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: The option, representing a right to purchase a total of 12,541 shares, became exercisable in three installments on the first, second and third anniversaries of the grant date, which was 10/22/2014.

F3 · balance_after: On November 10, 2020, the Issuer's Board of Directors declared a special distribution on its shares of common stock in an aggregate amount of $55.8 million (the "Special Distribution"). The Special Distribution was paid on December 21, 2020 (in a combination of cash and shares of the Issuer's common stock), to shareholders of record as of the close of business on November 19, 2020. As a result of the Special Distribution, the number of shares and the exercise price set forth in the stock option award agreement between the Issuer and the reporting person dated October 22, 2014 (the "2014 Option") were adjusted to address the dilutive effect of the stock portion of the Special Distribution by increasing the number of shares covered by the 2014 Option from 10,000 shares to 12,541 shares and by decreasing the exercise price from $50.00 to $39.87.

SEC source: 0001415889-21-001539 · form4-03172021_060302.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,457

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: This amount includes 5,389 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-21-000648 · form4-02112021_050211.xml · nonDerivative · entry 3

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,916

F5 · shares: Restricted shares one-third of which vest on each of the first, second and third anniversaries of January 28, 2021, provided that the reporting person is an employee of the Issuer on those dates.

F6 · balance_after: This amount includes the 2,900 restricted shares reported above, as well as 2,489 additional shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-21-000648 · form4-02112021_050211.xml · nonDerivative · entry 2

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,016

F3 · shares: On February 9, 2021, the Reporting Person instructed the Issuer to withhold 490 of the Issued Shares to satisfy the Reporting Person's tax liability.

F4 · balance_after: This amount includes 2,489 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-21-000648 · form4-02112021_050211.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,506

F1 · shares: On February 9, 2021, the Issuer issued 2,020 shares of its common stock (the "Issued Shares") to the Reporting Person. The Issued Shares were issued pursuant to a Performance Shares Award Agreement between the Issuer and the Reporting Person dated January 24, 2018, the form of which has been filed as an exhibit to the Issuer's annual report on Form 10-K for the year ended December 31, 2019.

F2 · balance_after: This amount includes 2,489 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-21-000465 · form4-02012021_060206.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,486

F1 · shares: On 1/28/2021, a total of 2,428 shares of restricted common stock of the Issuer previously awarded to the reporting person became vested and unrestricted. A portion of the vesting shares was withheld by the Issuer in order to satisfy the reporting person's tax liability.

F2 · balance_after: On November 10, 2020, the Issuer's Board of Directors declared a special distribution on its shares of common stock in an aggregate amount of $55.8 million (the "Special Distribution"). The Special Distribution was paid on December 21, 2020 (in a combination of cash and shares of the Issuer's common stock), to shareholders of record as of the close of business on November 19, 2020. As a result of the Special Distribution, the reporting person received 3,812 shares of the Issuer's common stock, which additional shares are reflected in Box 5 above. In addition, the amount in Box 5 above also includes (a) approximately 6 shares of common stock acquired in the 4th quarter of 2020 as a result of the reporting person's participation in the Issuer's dividend reinvestment program; and (b) 2,489 shares of restricted common stock which vest over time, 1,979 of which were previously reported, and 510 of which were additional shares representing an equitable adjustment addressing the dilutive effect of the stock portion of the Special Distribution. Of the 2,428 vesting restricted shares referenced in note 1 above, 1,931 were previously reported and 497 constituted part of the above-referenced equitable adjustment.

SEC source: 0001415889-20-001221 · form4-05152020_040506.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,380

F1 · shares: The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $36.55 to $36.95, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

F2 · balance_after: This amount includes 3,910 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-20-001220 · form4-05152020_040501.xml · nonDerivative · entry 1

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,300

F1 · price: The price reported is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $11.14 to $11.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

F2 · balance_after: Mr. Smith also serves as the Senior Vice President, General Counsel & Corporate Secretary of CTO Realty Growth, Inc. ("CTO"). Mr. Smith disclaims beneficial ownership of all equity securities of the Issuer that are or may be beneficially owned by CTO or any of its affiliates. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Smith is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities of the Issuer that are or may be beneficially owned by CTO or any of its affiliates.

SEC source: 0001415889-20-000751 · form4-03162020_020311.xml · nonDerivative · entry 4

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,300

F1 · balance_after: Mr. Smith also serves as the Senior Vice President, General Counsel & Corporate Secretary of Consolidated-Tomoka Land Co. ("CTO"). Mr. Smith disclaims beneficial ownership of all equity securities of the Issuer that are or may be beneficially owned by CTO or any of its affiliates. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that Mr. Smith is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities of the Issuer that are or may be beneficially owned by CTO or any of its affiliates.

SEC source: 0001415889-20-000752 · form4-03162020_020316.xml · nonDerivative · entry 4

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,880

F1 · balance_after: This amount includes 3,910 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-20-000752 · form4-03162020_020316.xml · nonDerivative · entry 3

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,630

F1 · balance_after: This amount includes 3,910 shares of restricted common stock which vest over time, which were previously reported.

SEC source: 0001415889-20-000752 · form4-03162020_020316.xml · nonDerivative · entry 2

Smith Daniel Earl · CIK 0001623528 · SVP, GEN COUNSEL & CORP SECRET

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,430

F1 · balance_after: This amount includes 3,910 shares of restricted common stock which vest over time, which were previously reported.