SWEENEY GERARD H 4

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.