PALAZZO DANIEL A 4

What Happened Daniel A. Palazzo, Senior Vice President and Chief Accounting Officer of Brandywine Realty Trust (BDN), received a grant of 56,962 restricted share units (RSUs) on February 27, 2026. The grant is reported at a grant price/value of $3.16 per share, totaling approximately $180,000. This was an award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-02-27; filing date: 2026-03-03 (filed within the required reporting window).
• Amount: 56,962 RSUs; grant price/value shown as $3.16; total reported value ~$180,000.
• Vesting: RSUs vest in three equal installments on April 15, 2027, April 15, 2028, and April 15, 2029 (per footnote).
• Shares owned after transaction: Not specified in the filing.
• Transaction code: A = Award/Grant of restricted share units.

Context This transaction is an equity compensation grant (RSUs) to an executive and does not represent a market purchase or sale. RSU grants are typically part of long-term compensation and vest over time; they do not necessarily indicate immediate buying or selling intent. The filing was made within the normal reporting timeframe.