Alexander Otto, a director at Curbline Properties Corp. (NYSE: $CURB), sold 134,269 shares in an open-market transaction on August 5, 2026. The shares fetched $30.11 each, resulting in proceeds of $4,042,839.59. A Form 4 filing with the Securities and Exchange Commission, dated August 6, disclosed the trade one calendar day after execution.
One trading day earlier, on August 4, Otto sold 38,788 shares at $30.17 per share, collecting $1,170,233.96. That transaction appeared with a two-day lag, within the SEC's two-business-day reporting window. Together, the two sales moved 173,057 shares, yielding roughly $5.21 million. Both were reported on the same Form 4.
After the sales, Otto held 7,773,003 shares directly. At the August 5 close of $30.06, his stake was worth approximately $233.6 million.
Otto's moves extended a pattern of insider selling at the real estate investment trust that dates back to mid-2025. Chief Financial Officer Conor Fennerty sold 55,105 shares at an average price of $30.38 on July 30, 2026, banking $1,674,200. His holdings afterward stood at 153,909 shares. Fennerty also sold 28,000 shares in June 2025 at $22.81.
Chief Executive Officer David R. Lukes has been a repeat seller. On March 13, 2026, he sold 39,749 shares at $26.80 each, then 83,663 shares at $26.83 on March 16, for combined proceeds of about $3.31 million. In August 2025, he offloaded 200,000 shares across two days: 100,000 shares on August 6 at $22.54 and another 100,000 on August 7 at $22.46, totaling roughly $4.50 million. Every insider transaction captured in the database for Curbline Properties has been an open-market sale, with no purchases recorded.
Curbline Properties, which focuses on convenience-oriented retail properties, had a market capitalization of about $3.52 billion at the time of Otto's trades. $CURB shares ranged between $29.57 and $32.15 during the week before the August 5 sale, closing that day at $30.06. The stock has climbed from the $22 level where Lukes sold in August 2025 and from $26.80 when he sold in March 2026.
No members of Congress disclosed Curbline Properties transactions in STOCK Act filings.