Federal Realty (FRT) CFO Daniel Guglielmone Surrenders 840 Shares

What Happened

• Daniel Guglielmone, EVP, Chief Financial Officer and Treasurer of Federal Realty Investment Trust (FRT), surrendered 840 common shares to the issuer to satisfy tax withholding obligations tied to the vesting of restricted shares. The shares were valued at $123.65 each, totaling $103,866.
• This was a tax-withholding surrender (code F), not an open-market sale or purchase — a routine administrative transaction following a share grant vesting.

Key Details

• Transaction date: 2026-08-03; filing date: 2026-08-04 (timely filing).
• Price per share: $123.65; shares surrendered: 840; total value: $103,866.
• Footnote: F1 — common shares were surrendered to the issuer to satisfy tax withholding obligations related to restricted share vesting.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction type: F (tax withholding/cashless surrender), not indicative of a directional buy/sell signal.

Context

• Surrenders to cover taxes are common when restricted shares vest and do not necessarily reflect the insider’s view on the company’s stock. They are an administrative action to meet tax obligations rather than a discretionary sale.