<SEC-DOCUMENT>0001415889-24-017457.txt : 20240618
<SEC-HEADER>0001415889-24-017457.hdr.sgml : 20240618
<ACCEPTANCE-DATETIME>20240618171855
ACCESSION NUMBER:		0001415889-24-017457
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240617
FILED AS OF DATE:		20240618
DATE AS OF CHANGE:		20240618

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Mays Philip
		CENTRAL INDEX KEY:			0001521876
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11350
		FILM NUMBER:		241053049

	MAIL ADDRESS:	
		STREET 1:		C/O CEDAR SHOPPING CENTER
		STREET 2:		44 SOUTH BAYLES AVENUE
		CITY:			PORT WASHINGTON
		STATE:			NY
		ZIP:			11050

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CTO Realty Growth, Inc.
		CENTRAL INDEX KEY:			0000023795
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				590483700
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		369 N. NEW YORK AVE.
		STREET 2:		SUITE 201
		CITY:			WINTER PARK
		STATE:			FL
		ZIP:			32789
		BUSINESS PHONE:		407-904-3324

	MAIL ADDRESS:	
		STREET 1:		369 N. NEW YORK AVE.
		STREET 2:		SUITE 201
		CITY:			WINTER PARK
		STATE:			FL
		ZIP:			32789

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CTO Realty Growth Inc.
		DATE OF NAME CHANGE:	20200508

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CONSOLIDATED TOMOKA LAND CO
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>form3-06182024_090651.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2024-06-17</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000023795</issuerCik>
        <issuerName>CTO Realty Growth, Inc.</issuerName>
        <issuerTradingSymbol>CTO</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001521876</rptOwnerCik>
            <rptOwnerName>Mays Philip</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>369 N. NEW YORK AVE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 201</rptOwnerStreet2>
            <rptOwnerCity>WINTER PARK</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>32789</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>SVP, CFO &amp; Treasurer</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes></footnotes>

    <remarks>No securities are beneficially owned.  Daniel E. Smith is signing on behalf of Mr. Mays pursuant to the Power of Attorney dated June 17, 2024, which is attached hereto as Exhibit 24.</remarks>

    <ownerSignature>
        <signatureName>/s/ Daniel E. Smith, attorney-in-fact for Philip R. Mays</signatureName>
        <signatureDate>2024-06-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>ex24-06182024_090653.htm
<TEXT>
<!DOCTYPE html PUBLIC "-//IETF//DTD HTML//EN">
<html><head><title>ex24-06182024_090653.htm</title></head><body style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
<p style="margin-top:0px; margin-bottom:15.333px; font-size:11.5pt" align="center"><b>POWER OF ATTORNEY</b></p>
<p style="margin-top:0px; margin-bottom:15.333px; font-size:11.5pt" align="justify">Know all by these presents, that the undersigned hereby constitutes and appoints each of Daniel E. Smith and Lisa M. Vorakoun, or any of them signing singly, and with full power of substitution, the undersigned<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s true and lawful attorney-in-fact to:</p>
<p style="margin-top:0px; margin-bottom:15.333px; font-size:12pt" align="justify">(1) <b style="font-size:11.5pt;font-weight:normal;">prepare, execute in the undersigned<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s name and on the undersigned<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s behalf, and submit to the U.S. Securities and Exchange Commission (the <font style="font-family:Arial Unicode MS,Times New Roman">&ldquo;</font>SEC<font style="font-family:Arial Unicode MS,Times New Roman">&rdquo;</font>) a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section&nbsp;16(a) of the Securities Exchange Act of 1934 (the <font style="font-family:Arial Unicode MS,Times New Roman">&ldquo;</font>Act<font style="font-family:Arial Unicode MS,Times New Roman">&rdquo;</font>) or any rule or regulation of the SEC;</b></p>
<p style="margin-top:0px; margin-bottom:15.333px; font-size:12pt" align="justify">(2) <b style="font-size:11.5pt;font-weight:normal;">execute for and on behalf of the undersigned, in the undersigned<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s capacity as an officer and/or director of CTO Realty Growth, Inc., a Maryland corporation (the <font style="font-family:Arial Unicode MS,Times New Roman">&ldquo;</font>Company<font style="font-family:Arial Unicode MS,Times New Roman">&rdquo;</font>), Forms</b><b style="font-size:11.5pt;font-weight:normal;">&nbsp;</b><b style="font-size:11.5pt;font-weight:normal;">3, 4, and 5 in accordance with Section</b><b style="font-size:11.5pt;font-weight:normal;">&nbsp;</b><b style="font-size:11.5pt;font-weight:normal;">16(a) of the </b><b style="font-size:11.5pt;font-weight:normal;">Act</b><b style="font-size:11.5pt;font-weight:normal;"> and the rules thereunder;</b></p>
<p style="margin-top:0px; margin-bottom:15.333px; font-size:12pt" align="justify">(3) <b style="font-size:11.5pt;font-weight:normal;">do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form</b><b style="font-size:11.5pt;font-weight:normal;">&nbsp;</b><b style="font-size:11.5pt;font-weight:normal;">3, 4, or 5, complete and execute any amendment or amendments thereto, and file any such Form or amendment with the </b><b style="font-size:11.5pt;font-weight:normal;">SEC </b><b style="font-size:11.5pt;font-weight:normal;">and </b><b style="font-size:11.5pt;font-weight:normal;">any stock exchange or similar authority, including filing this Power of Attorney with the SEC; and</b></p>
<p style="margin-top:0px; margin-bottom:15.333px; font-size:12pt" align="justify">(4) <b style="font-size:11.5pt;font-weight:normal;">take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required of, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s discretion.</b></p>
<p style="margin-top:0px; margin-bottom:15.333px; font-size:11.5pt" align="justify">The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s responsibilities to comply with Section&nbsp;16 of the Act.</p>
<p style="margin-top:0px; margin-bottom:15.333px; font-size:11.5pt" align="justify">This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms&nbsp;3, 4, and 5 with respect to the undersigned<font style="font-family:Arial Unicode MS,Times New Roman">&rsquo;</font>s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.</p>
<p style="margin-top:0px; margin-bottom:15.333px" align="justify"><br><br></p>
<p style="margin:0px; font-size:12pt" align="center">1</p>
<p style="margin:0px" align="center"><br></p>
<hr style="margin-bottom: 9.6px; padding-top: 9.6px;" noshade size="1"><p style="margin-top:0px; margin-bottom:15.333px; font-size:11.5pt; page-break-before:always" align="justify">IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 17<sup>th</sup> day of June, 2024.</p>
<p style="margin-top:30.667px; margin-bottom:0px; font-size:11.5pt" align="justify"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Philip R. Mays&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></p>
<p style="margin:0px; font-size:11.5pt" align="justify">Philip R. Mays </p>
<p style="margin-top:0px; margin-bottom:16px" align="justify"><br></p>
<p style="margin-top:0px; margin-bottom:16px" align="justify"><br><br></p>
<p style="margin:0px" align="justify"><br></p>
</body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
