HAVERSTICK H RICHARD JR 4

What Happened

• H. Richard Haverstick Jr, a director of Brandywine Realty Trust (BDN), was granted 37,582 shares as an award on 2026-05-28. The grant is reported at $0.00 per share because it was an award (not a purchase); the filing states the award equals $115,000 based on the 05/28/26 closing price of $3.06. The shares vested immediately upon grant.

Key Details

• Transaction date: 2026-05-28; Filing date: 2026-06-01 (filed four days after the transaction).
• Reported price: $0.00 (award); implied value: $115,000 using $3.06 closing price.
• Shares granted: 37,582; shares owned after transaction: not reported in the filing.
• Footnote: Grant reflects the $115,000 annual trustee award; number of shares computed using the 05/28/26 closing price. Shares vested immediately.
• Timeliness: The Form 4 was filed 06/01/26 for a 05/28/26 grant. Form 4s are generally due within two business days; this filing date is later than that typical window.

Context

• This was a routine director compensation award (annual trustee award) rather than a market purchase or sale, so it doesn't directly signal insider buying or selling intent. The award’s dollar value was converted to shares using the reported closing price, which is why the per-share acquisition price is shown as $0.00.