Form 4: Brandywine Realty Trust Executive Vice President & CFO Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Thomas Wirth, Executive Vice President & CFO of Brandywine Realty Trust, reports a transaction involving the withholding of shares to cover payroll taxes related to equity awards.
Summary
- On April 15, 2025, Thomas Wirth, the Executive Vice President & CFO of Brandywine Realty Trust, reported a transaction.
- 26,975 common shares of beneficial interest were disposed of at a price of $3.73.
- This transaction was due to shares being withheld to satisfy payroll taxes for the vesting or delivery of equity awards.
- Following the transaction, Wirth directly owns 662,911 common shares of Brandywine Realty Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, as it simply reports a factual event.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of withholding shares to cover tax obligations associated with equity compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of share ownership related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of transaction: Shares withheld to satisfy payroll taxes for vesting or delivery of equity awards. |
| 04/17/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, Brandywine Realty Trust, BDN, Thomas Wirth, Executive Vice President, CFO, Equity Awards, Payroll Taxes, Share Withholding
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