Form 4: Brandywine Realty Trust Executive George Johnstone Reports Share Disposal to Cover Tax Obligations
SEC Form 4 Filing
EVP of Operations at Brandywine Realty Trust, George Johnstone, disposed of shares to cover payroll taxes related to equity awards.
Summary
- On April 15, 2025, George Johnstone, EVP of Operations at Brandywine Realty Trust, disposed of 29,648 common shares of beneficial interest to satisfy payroll taxes.
- The shares were disposed of at a price of $3.73 per share.
- Following the transaction, Johnstone beneficially owns 506,417 common shares of Brandywine Realty Trust.
Sentiment
Score: 5
Explanation: The document is a routine filing related to share disposal for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of transaction: Disposal of shares to cover payroll taxes. |
| 04/17/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Share Disposal, Equity Awards, Payroll Taxes, Brandywine Realty Trust, BDN, George Johnstone
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