Form 4: COPT Defense Properties Director Robert L. Denton Sells Shares
SEC Form 4
Director Robert L. Denton of COPT Defense Properties sold 4,523 common shares at a price of $24.5837 on May 14, 2024.
Summary
- Robert L. Denton, a director of COPT Defense Properties, sold 4,523 common shares on May 14, 2024.
- The transaction was executed at a price of $24.5837 per share.
- Following the transaction, Denton directly owns 4,398 common shares of COPT Defense Properties.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) buy or sell the company's securities; this provides transparency to the market.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the director's reasons for selling.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of transaction: Sale of 4,523 common shares. |
| 05/15/2024 | 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.