HAWKINS PHILIP L 4
4 · COPT DEFENSE PROPERTIES · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
COPT Defense Properties (CDP) Director Philip L. Hawkins Sells Shares
What Happened Philip L. Hawkins, a director of COPT Defense Properties (CDP), disposed of 5,536 shares in an open-market sale on February 23, 2026. The reported weighted-average sale price was $32.71 per share, for aggregate proceeds of roughly $181,100. The transaction is recorded on a Form 4 as a sale (code S).
Key Details
- Transaction date: February 23, 2026 (reported on Form 4 filed Feb 24, 2026).
- Transaction type: Sale (open-market); shares sold: 5,536; reported weighted-average price: $32.71.
- Price range: $32.58 to $32.76; footnote F1 says the $32.71 is a weighted average and the filer will provide per-price share counts on request.
- Shares owned after the transaction: Not specified in the provided filing.
- Filing timeliness: Form 4 was filed the next day (Feb 24, 2026), which appears to be timely.
Context This was a straight sale by a company director — a liquidity event rather than an acquisition. Sales by insiders can reflect many reasons (personal finance, diversification, scheduled sales) and are not, by themselves, definitive signals about company fundamentals. No options exercise, gift, or 10%‑owner transaction was reported in this filing.
Insider Transaction Report
- Sale
Common Shares
[F1]2026-02-23$32.71/sh−5,536$181,100→ 15,188 total
Footnotes (1)
- [F1]Represents the weighted average of a range of sale prices from $32.58 to $32.76. The reporting person undertakes to provide to the Staff of the Securities and Exchange Commission, the Company, or any shareholder of the Company, upon request, full information regarding the number of shares sold at each separate price.