CBL & Associates CEO Lebovitz Sells 50,000 Shares for $2.6 Million

Key Points The direct disposal of 50,000 shares was executed at a weighted average price of $52.83 per share, totaling ~$2.6 million. The transaction size represents 9% of the equity stake held by the CEO prior to the filing. Stephen D. Lebovitz retains direct ownership of 507,019 shares and continues to hold 322 shares indirectly through two irrevocable trusts 10 stocks we like better than CBL & Associates Properties › Stephen D. Lebovitz, CEO of CBL & Associates Properties, Inc. (NYSE:CBL) , reported a sale of 50,000 shares of common stock on Sept. 16, according to a recent SEC Form 4 filing . Transaction summary Transaction value based on SEC Form 4 weighted average sale price ($52.83); post-transaction value based on Sept. 16 market close ($53.