Kuba Shaul 4

What Happened

• Kuba Shaul, a director of Creative Media & Community Trust Corp (CMCT), was the subject of issuer-initiated transactions reported on Form 4 for March 16, 2026. The filing shows he acquired 9,148,906 common shares (two entries: 8,146,382 and 1,002,524) and disposed of 335,135 common shares (two entries: 36,663 and 298,472). No dollar prices or total values are reported on the Form 4 (listed as N/A).

Key Details

• Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (timely filing).
• Reported prices/values: N/A on the Form 4. Footnote F1 explains issued shares were priced based on the VWAP of CMCT common stock for the 20 trading days before the applicable redemption date (per the issuer’s charter).
• Footnote F2: the disposed shares were called for redemption by the issuer.
• Shares owned after transaction: not reported on the provided Form 4.
• Transaction type/code: “Other acquisition or disposition” (code J) — a corporate-action redemption/issuance, not an open-market trade.

Context

• These transactions appear to reflect issuer redemptions and common-stock issuances related to redemption of Series A and Series A1 preferred stock, rather than voluntary market purchases or sales by the insider. Such corporate-action movements do not necessarily signal the director’s independent buying/selling intent.