Finnegan Brian T 4

4 · Brixmor Property Group Inc. · Filed Feb 6, 2026

AI-generated summary of this filing

Updated Feb 6, 2026

Brixmor CEO Brian Finnegan Receives RSU Awards, Sells Shares for Taxes

What Happened

Brian T. Finnegan, Chief Executive Officer and President of Brixmor Property Group (BRX), was granted a combination of performance-based and time-based restricted stock units (RSUs) and simultaneously had shares surrendered to satisfy tax withholding. The filing shows awards totaling 107,283 RSUs (combining performance-determined and standard RSUs).
To cover tax withholding on the vested RSUs, Finnegan surrendered 16,339 shares (14,936 + 1,403) at $27.73 per share, producing proceeds of $414,175 and $38,905 respectively — about $453,080 total. The RSU awards themselves carry $0 exercise price (they are equity awards, not option purchases).

Key Details

Transaction date: February 4, 2026 (date when performance/outperformance criteria were determined satisfied for certain awards).
Disposal details (tax withholding): 14,936 shares at $27.73 = $414,175; 1,403 shares at $27.73 = $38,905; total surrendered = 16,339 shares for ~$453,080.
Awards granted/recognized on filing: 29,257 and 2,747 RSUs reported as acquired; plus derivative RSU amounts of 29,258, 2,746, and 43,275 (total awards = 107,283 RSUs reported).
Vesting notes from footnotes:
- Some performance RSUs: 29,258 RSUs split to vest 14,629 on Jan 1, 2027 and 14,629 on Jan 1, 2028.
- Outperformance RSUs: 2,746 RSUs split to vest 1,373 on Jan 1, 2027 and 1,373 on Jan 1, 2028.
- Another RSU tranche (43,275) vests ratably over three years beginning Jan 1, 2027.
Shares owned after the transaction: not disclosed in this filing.
Filing timeliness: this Form 4 is marked late (transactionTimeliness = L), meaning the disclosure was delayed beyond the standard reporting window.

Context

The disposals reported are tax-withholding related (code F), a routine administrative step when RSUs vest; it is not an open-market sale intended as a directional signal about the CEO’s view of the stock.
The awards are RSUs (convert one-for-one into common stock when vested). Many of the reported RSUs are performance-determined but still subject to additional time-based vesting, so the full economic benefit depends on future vesting dates and performance outcomes.
For retail investors: purchases by insiders often attract attention as potential bullish signals, but tax-withholding share surrenders on RSU vesting are common and generally not informative about management sentiment.

Form 4

Period: 2026-02-04

DirectorSee remarks

Transactions

Award
Common Stock
[F1]
2026-02-04+29,257→ 314,702 total
Tax Payment
Common Stock
[F2]
2026-02-04$27.73/sh−14,936$414,175→ 299,766 total
Award
Common Stock
[F1]
2026-02-04+2,747→ 302,513 total
Tax Payment
Common Stock
[F2]
2026-02-04$27.73/sh−1,403$38,905→ 301,110 total
Award
Restricted Stock Units
[F1][F3][F4]
2026-02-04+29,258→ 29,258 total
→ Common Stock (29,258 underlying)
Award
Restricted Stock Units
[F1][F5][F6]
2026-02-04+2,746→ 2,746 total
→ Common Stock (2,746 underlying)
Award
Restricted Stock Units
[F1][F7]
2026-02-04+43,275→ 43,275 total
→ Common Stock (43,275 underlying)

Footnotes (7)

[F1]Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis.
[F2]Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
[F3]Represents the portion of the number of shares determined to have been earned based upon the performance criteria that are subject to additional time-based vesting criteria. Of the number of RSUs reported, 14,629 will vest on January 1, 2027 and 14,629 will vest on January 1, 2028.
[F4]The date of the transaction represents the date on which the performance criteria of a previously granted performance share award were determined to have been satisfied.
[F5]Represents the portion of the number of shares determined to have been earned based upon the outperformance criteria that are subject to additional time-based vesting criteria. Of the number of outperformance RSUs reported, 1,373 will vest on January 1, 2027 and 1,373 will vest on January 1, 2028.
[F6]The date of the transaction represents the date on which the outperformance criteria of a previously granted outperformance RSU were determined to have been satisfied.
[F7]The RSUs vest ratably over three years beginning January 1, 2027.

Signature

/s/ Steven F. Siegel, by power of attorney|2026-02-06

1 file