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

William D. Redd, EVP & Senior Managing Director at Brandywine Realty Trust, files an amended Form 4 to correct previously reported transactions involving restricted stock units and shares withheld for tax purposes.

Summary

• William D. Redd, an EVP & Senior Managing Director at Brandywine Realty Trust, filed an amended Form 4 with the SEC.
• The amendment corrects errors in the original Form 4 filed on February 3, 2025, regarding transactions related to his 2022-2024 Restricted Share Rights award.
• The corrected filing shows that 17,615 restricted stock units were earned under the outperformance element of the award, not the previously reported 8,808.
• Additionally, 2,352 common shares were withheld to satisfy payroll taxes, instead of the originally reported 2,145.
• Following these transactions, Redd directly owns 360,817 common shares of Brandywine Realty Trust.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing. It doesn't indicate any significant positive or negative developments for the company, but the correction itself suggests attention to detail and compliance.

Industry Context

This filing is a routine disclosure related to executive compensation and share ownership in a publicly traded REIT. It's important for transparency and regulatory compliance.

Stakeholder Impact

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

Key Dates

Keywords

Form 4, SEC, Brandywine Realty Trust, BDN, William D. Redd, Restricted Stock Units, Amendment, Beneficial Ownership