Form 4: CDP Executive Sells Shares for Tax Obligations

Matthew T. Myers, SVP-CAO & Controller of COPT Defense Properties, disposed of 250 common shares to cover tax withholding obligations.

Summary

• Matthew T. Myers, SVP-CAO & Controller of COPT Defense Properties (CDP), reported a transaction involving common shares.
• On December 1, 2025, Myers disposed of 250 common shares.
• The disposition was made to the issuer to satisfy tax withholding obligations, indicated by transaction code 'F'.
• The shares were valued at $30.73 per share.
• Following this transaction, Myers beneficially owns 9,560 common shares directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-arranged.

Sentiment

Score: 5

Explanation: Neutral. This is a routine, non-discretionary transaction for tax purposes, not indicative of management's view on the company's future prospects.

Future Outlook

N/A

Industry Context

N/A

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes, not a signal of management sentiment.
• No direct impact on employees, customers, suppliers, or creditors from this specific transaction.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary disposition of shares by an executive to cover tax withholding obligations, executed under a Rule 10b5-1 plan. Such transactions are common and do not typically signal a change in management's outlook or the company's fundamentals. Therefore, it provides no new information to warrant a change from a 'hold' position based solely on this filing.

Keywords

COPT Defense Properties, CDP, Form 4, Insider Transaction, Matthew T. Myers, Share Disposition, Tax Withholding, Rule 10b5-1