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

H. Jeffrey DeVuono, EVP & Senior Managing Director of Brandywine Realty Trust, files an amended Form 4 to correct errors in the reporting of common share transactions related to a Restricted Performance Share Unit Award.

Summary

• H. Jeffrey DeVuono, an executive at Brandywine Realty Trust, filed an amended Form 4 with the SEC to correct errors in a previous filing.
• The corrections pertain to transactions involving common shares of beneficial interest related to the 2022-2024 Restricted Performance Share Unit Award.
• The original Form 4, filed on February 3, 2025, incorrectly reported the number of units earned as 48,887; the corrected number is 34,973.
• The original filing also incorrectly stated that 24,163 shares were withheld to satisfy payroll taxes; the corrected number is 17,485 shares withheld at a price of $5.49.
• Following these transactions, DeVuono beneficially owns 467,482 common shares.

Sentiment

Score: 7

Explanation: The document is a routine correction of an administrative error in an SEC filing. While the initial error is a slight negative, the correction itself is a positive sign of compliance and transparency.

Negatives

• The original Form 4 contained errors in the reported number of shares earned and withheld for taxes.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. Amended filings, like this one, are necessary to correct errors and ensure accurate reporting.

Stakeholder Impact

• Corrected information ensures shareholders have accurate data regarding insider transactions.

Key Dates

Keywords

Form 4/A, amended filing, Brandywine Realty Trust, BDN, H. Jeffrey DeVuono, Restricted Performance Share Unit Award, common shares, SEC