X0609 4 2026-10-06 0000910612 CBL & ASSOCIATES PROPERTIES INC CBL 0001074034 CANYON CAPITAL ADVISORS LLC false 2728 NORTH HARWOOD STREET, 2ND FLOOR DALLAS TX 75201 false false false true Member of 10% owner group 0001766581 Julis Mitchell R false 2728 NORTH HARWOOD STREET, 2ND FLOOR DALLAS TX 75201 false false false true Member of 10% owner group 0001766767 Friedman Joshua S false 2728 NORTH HARWOOD STREET, 2ND FLOOR DALLAS TX 75201 false false false true Member of 10% owner group false Common Stock 2026-10-06 4 S false 1307500 52.19 D 6108794 I See footnotes This Form 4 is being filed jointly by Canyon Capital Advisors LLC, a Delaware limited liability company ("CCA"), Mitchell R. Julis, a citizen of the United States of America, and Joshua S. Friedman, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities"). The business address of each of the Reporting Persons is 2728 North Harwood Street, 2nd Floor, Dallas, Texas 75201. CCA, as the investment advisor to certain managed funds and accounts that directly hold the Subject Securities, including Canyon-ASP Fund, L.P., Canyon Balanced Master Fund, Ltd., The Canyon Value Realization Master Fund, L.P., Canyon Value Realization Fund, L.P. and Canyon ESG Master Fund, L.P. (collectively, the "Accounts"), may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. Mitchell R. Julis and Joshua S. Friedman, as persons who manage CCA and control the entities which own a majority interest of CCA, may each be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a). Each of the Reporting Persons disclaims beneficial ownership of the Subject Securities except to the extent of any pecuniary interest therein. On October 6, 2026, CCA sold 1,307,500 shares of the Issuer's common stock for the account of certain of its Accounts through open market transaction. Canyon Capital Advisors LLC, By /s/ Doug Anderson, Chief Compliance Officer 2026-10-08 /s/ Mitchell R. Julis 2026-10-08 /s/ Joshua S. Friedman 2026-10-08