<SEC-DOCUMENT>0001193125-25-235714.txt : 20251009
<SEC-HEADER>0001193125-25-235714.hdr.sgml : 20251009
<ACCEPTANCE-DATETIME>20251009145805
ACCESSION NUMBER:		0001193125-25-235714
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20251009
DATE AS OF CHANGE:		20251009

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CBL & ASSOCIATES PROPERTIES INC
		CENTRAL INDEX KEY:			0000910612
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		EIN:				621545718
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-12494
		FILM NUMBER:		251384731

	BUSINESS ADDRESS:	
		STREET 1:		2030 HAMILTON PLACE BVLD, SUITE 500
		STREET 2:		CBL CENTER
		CITY:			CHATTANOOGA
		STATE:			TN
		ZIP:			37421
		BUSINESS PHONE:		4238550001

	MAIL ADDRESS:	
		STREET 1:		2030 HAMILTON PLACE BVLD, SUITE 500
		STREET 2:		CBL CENTER
		CITY:			CHATTANOOGA
		STATE:			TN
		ZIP:			37421

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Cobb Andrew Franklin
		CENTRAL INDEX KEY:			0001885097
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		1563 QUIET POND DR
		CITY:			CHATTANOOGA
		STATE:			TN
		ZIP:			37415
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<headerData>
<submissionType>144</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001885097</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>
</filerInfo>
</headerData>
<formData>
<issuerInfo>
<issuerCik>0000910612</issuerCik>
<issuerName>CBL &amp; ASSOCIATES PROPERTIES, INC.</issuerName>
<secFileNumber>001-12494</secFileNumber>
<issuerAddress>
<street1 xmlns="http://www.sec.gov/edgar/common">2030 Hamilton Place Blvd., Suite 500</street1>
<city xmlns="http://www.sec.gov/edgar/common">Chattanooga</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">TN</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">37421-6000</zipCode>
</issuerAddress>
<issuerContactPhone>423-855-0001</issuerContactPhone>
<nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Cobb Andrew Franklin</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
<relationshipsToIssuer>
<relationshipToIssuer>Officer</relationshipToIssuer>
</relationshipsToIssuer>
</issuerInfo>
<securitiesInformation>
<securitiesClassTitle>COMMON</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>NewEdge Securities, Inc.</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">1251 Waterfront Place, Suite 510</street1>
<city xmlns="http://www.sec.gov/edgar/common">Pittsburgh</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">PA</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">15222</zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>7368</noOfUnitsSold>
<aggregateMarketValue>214851</aggregateMarketValue>
<noOfUnitsOutstanding>30933176</noOfUnitsOutstanding>
<approxSaleDate>10/09/2025</approxSaleDate>
<securitiesExchangeName>NYSE</securitiesExchangeName>
</securitiesInformation>
<securitiesToBeSold>
<securitiesClassTitle>COMMON</securitiesClassTitle>
<acquiredDate>11/01/2021</acquiredDate>
<natureOfAcquisitionTransaction>156 shares are New Common Stock received on 11/1/2021 under the Issuer's Chapter 11 reorganization, in exchange for old Common Stock acquired through multiple DRIP reinvestments and vesting of equity comp. awards on dates from 5/5/2004 through 11/1/2021.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>156</amountOfSecuritiesAcquired>
<paymentDate>11/01/2021</paymentDate>
<natureOfPayment>Exchange for old Common Stock under Issuer's Chapter 11 Plan.</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>COMMON</securitiesClassTitle>
<acquiredDate>02/17/2022</acquiredDate>
<natureOfAcquisitionTransaction>5,752 shares were acquired on the date indicated through equity awards under the Issuer's registered 2021 Equity Incentive Plan.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>5752</amountOfSecuritiesAcquired>
<paymentDate>12/31/2024</paymentDate>
<natureOfPayment>Vesting of equity awards under Issuer's registered 2021 Equity Incentive Plan.</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>COMMON</securitiesClassTitle>
<acquiredDate>02/17/2023</acquiredDate>
<natureOfAcquisitionTransaction>1,460 shares were acquired on the date indicated through equity awards under the Issuer's registered 2021 Equity Incentive Plan.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>1460</amountOfSecuritiesAcquired>
<paymentDate>02/15/2025</paymentDate>
<natureOfPayment>Vesting of equity awards under Issuer's registered 2021 Equity Incentive Plan.</natureOfPayment>
</securitiesToBeSold>
<nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
<noticeSignature>
<noticeDate>10/09/2025</noticeDate>
<signature>/s/ Andrew F. Cobb</signature>
</noticeSignature>
</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
