4/A: Brandywine Realty Trust Executive Corrects Previous SEC Filing on Share Transactions

H. Jeffrey DeVuono, an EVP at Brandywine Realty Trust, files an amended SEC Form 4 to correct the number of shares acquired and withheld for taxes related to a restricted stock unit award.

Summary

• H. Jeffrey DeVuono, an EVP at Brandywine Realty Trust, filed an amended Form 4 with the SEC to correct previously reported transactions.
• The amendment addresses an administrative error in the original Form 4 filed on February 3, 2025.
• The corrected filing pertains to restricted stock units earned under the outperformance element of DeVuono's 2022-2024 Restricted Share Rights award.
• The number of units earned was initially reported as 9,434 but is now corrected to 18,868.
• The number of shares withheld to satisfy payroll taxes was initially reported as 4,333 but is now corrected to 4,555.
• The transactions occurred on January 31, 2025, and February 3, 2025.
• Following the reported transactions, DeVuono beneficially owns 489,031 common shares of Brandywine Realty Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the document primarily corrects an administrative error. It doesn't indicate positive or negative performance, but rather ensures accurate reporting.

Negatives

• The need for an amended filing indicates an initial administrative error in reporting the share transactions.

Industry Context

This filing is a routine disclosure related to executive compensation and share ownership, common in publicly traded companies.

Stakeholder Impact

• The correction ensures accurate information is available to shareholders regarding executive share ownership.

Key Dates

Keywords

Form 4, amendment, Brandywine Realty Trust, BDN, H. Jeffrey DeVuono, restricted stock units, share transactions, SEC filing