Form 4: COPT Defense Properties Director, Robert L. Denton, Reports Transaction
SEC Form 4 Filing
Director Robert L. Denton reports a transaction involving the redemption of common units for cash.
Summary
- Robert L. Denton, a director of COPT Defense Properties, reported a transaction on February 18, 2025.
- The transaction involved the redemption of 1,000 common units of limited partnership interest in COPT Defense Properties, L.P.
- The issuer, COPT Defense Properties, elected to pay cash for the conversion of these units, based on the 10-day average closing price of its common shares on the New York Stock Exchange.
- The price per common unit was $28.74.
- Following the transaction, Denton directly owns 162,264 common shares.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting a standard transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's securities.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Redemption of common units. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.