SWEENEY GERARD H 4
4 · BRANDYWINE REALTY TRUST · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Brandywine (BDN) CEO Gerard Sweeney Withholds 4,178 Shares for Taxes
What Happened
Gerard H. Sweeney, President, CEO and Director of Brandywine Realty Trust (BDN), had 4,178 common shares withheld on Feb 4, 2026 to satisfy tax/payroll obligations. The shares were valued at $2.83 each, totaling approximately $11,824. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-02-04; Form 4 filed: 2026-02-05 (appears timely).
- Disposition: 4,178 shares withheld at $2.83 per share — total ~$11,824.
- Transaction code: F (shares withheld to satisfy tax or payroll liabilities).
- Footnote: Shares were withheld to satisfy payroll taxes for a scheduled distribution from the company’s deferred compensation plan (F1).
- Shares owned after the transaction: not specified in the provided filing.
Context
Withholding shares to cover taxes is a routine administrative action tied to compensation distributions (a cashless-like withholding), and does not signal an independent decision to sell shares on the market. This transaction reflects tax/payment processing rather than a deliberate trade by the insider.
Insider Transaction Report
- Tax Payment
Common Shares of Beneficial Interest
[F1]2026-02-04$2.83/sh−4,178$11,824→ 3,549,720 total
Footnotes (1)
- [F1]Reflects common shares withheld to satisfy payroll taxes due with respect to a scheduled distribution fom the Company's deferred compensation plan.