A Form 4 filed with the SEC on August 14, 2026, discloses that Alexander Otto, a director at Curbline Properties Corp. (NYSE:CURB), sold a combined 231,943 shares of common stock across two trading days through his affiliated entity, KG Cura Vermogensverwaltung G.m.b.H. & Co.

Key Highlights

  • First sale: 96,331 shares of common stock were sold on August 12, 2026, at a weighted average price of $30.06, with individual transaction prices ranging between $30.00 and $30.13.
  • Second sale: 135,612 shares were sold on August 13, 2026, at a weighted average price of $30.15, with prices ranging between $30.00 and $30.42.
  • Remaining ownership: Following both transactions, the reporting person directly held 7,411,219 shares of common stock.
  • Reporting person: Alexander Otto is identified as a director of Curbline Properties Corp. and is associated with KG Cura Vermogensverwaltung G.m.b.H. & Co., based in Hamburg, Germany.
  • Open market transactions: According to the filing, multiple same-day sales were executed at different prices through a broker-dealer and are reported as single-line entries using weighted average prices.

Alexander Otto's Two-Day Share Sale at Curbline Properties

According to the Form 4 filing, Alexander Otto, listed as a director of Curbline Properties Corp. (NYSE:CURB), disposed of common stock on two consecutive trading days. On August 12, 2026, 96,331 shares were sold with a weighted average price of $30.06 per share; the filing notes the actual per-transaction prices fell between $30.00 and $30.13. Immediately following this transaction, the reporting person held 7,546,831 shares directly.

On August 13, 2026, an additional 135,612 shares were sold at a weighted average price of $30.15 per share, with individual transaction prices ranging between $30.00 and $30.42, according to the filing. After this second transaction, directly held beneficial ownership stood at 7,411,219 shares. Both sales are coded "S," indicating open market sales, and all ownership reported is direct.

The filing states that the sales involved "multiple same-way open market sale transactions on the same day at different prices through a sale order executed by a broker-dealer." The filing further notes that the reporting person "hereby undertakes to provide upon request by the SEC staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price." The form was signed by Frederic Arndts, described as managing director of KG Cura Vermogensverwaltung G.m.b.H. & Co., on behalf of Alexander Otto, and was dated August 14, 2026.

What Was Disclosed

The filing reported two open market sales of Curbline Properties common stock by director Alexander Otto totaling 231,943 shares on August 12 and 13, 2026, at weighted average prices of $30.06 and $30.15, leaving a directly held position of 7,411,219 shares.