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 in COPT Defense Properties.
Summary
- Robert L. Denton, a director of COPT Defense Properties, reported a transaction on March 7, 2025.
- The transaction involved the redemption of 4,000 common units of COPT Defense Properties, L.P. for cash.
- The common units were converted into cash based on the 10-day average closing price of the issuer's common shares on the New York Stock Exchange.
- The price of the common units was $26.886.
- Following the reported transaction, Denton beneficially owns 158,264 common shares directly.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of transaction: Redemption of common units. |
| 03/10/2025 | Date of signature on the Form 4 filing. |
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.