4/A: Brandywine Realty Trust Executive Corrects Previous SEC Filing on Share Transactions
SEC Form 4/A (Amendment)
George Johnstone, EVP of Operations at Brandywine Realty Trust, files an amended Form 4 to correct previously reported transactions involving common shares of beneficial interest.
Summary
- George Johnstone, EVP of Operations at Brandywine Realty Trust, filed an amended Form 4 with the SEC on April 11, 2025, to correct errors in a previous filing from February 3, 2025.
- The amendment addresses inaccuracies in the number of common shares acquired under the 2022-2024 Restricted Performance Share Award and the number of shares withheld for payroll taxes.
- The corrected filing shows that Johnstone acquired 31,590 common shares on January 31, 2025, and 16,819 shares were withheld on February 3, 2025, to cover payroll taxes.
- Following these transactions, Johnstone beneficially owns 431,495 common shares.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance procedures. The sentiment is neutral as it addresses an administrative error.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The correction of the SEC filing ensures accurate information is available to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Acquisition of 31,590 common shares under the 2022-2024 Restricted Performance Share Award. |
| 02/03/2025 | Original Form 4 filed with incorrect information. |
| 02/03/2025 | Withholding of 16,819 common shares to satisfy payroll taxes at $5.49 per share. |
| 04/11/2025 | Amended Form 4/A filed to correct errors in the original filing. |
Keywords
Form 4/A, amendment, beneficial ownership, Brandywine Realty Trust, BDN, George Johnstone, SEC filing, common shares, restricted performance share award, payroll taxes
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