WOOD DONALD C 4

What Happened
Donald C. Wood, CEO, President and a director of Federal Realty Investment Trust (FRT), received an award of 63,708 restricted common shares on 2026-02-11 (acquired at $0.00 per share). On 2026-02-12 he surrendered 28,211 of those shares to the company to satisfy tax withholding obligations, a disposition recorded at $104.75 per share for a withholding value of $2,955,102.

Key Details

• Transaction types/codes: A = Award/Grant (63,708 shares at $0.00) on 2026-02-11; F = Tax withholding/Payment of tax liability (28,211 shares at $104.75) on 2026-02-12.
• Withholding value: $2,955,102 (28,211 shares × $104.75).
• Shares owned after transaction: Not disclosed in this Form 4 filing.
• Footnote: F1 indicates shares were surrendered to the issuer to satisfy tax withholding on vesting of restricted shares.
• Filing timeliness: Reported on 2026-02-13 for transactions on 2026-02-11–02-12 (filed within the normal Form 4 reporting window).

Context
This was a restricted-share vesting event followed by company tax-withholding (a common administrative action), not an open-market sale. The surrender of shares to cover taxes reduces the insider’s outstanding shares but is a routine consequence of equity vesting rather than an explicit decision to liquidate holdings. Transaction codes: A = award/acquisition; F = tax withholding.