DENTON ROBERT L 4

What Happened Robert L. Denton, a director of COPT Defense Properties (CDP), was granted 3,803 restricted shares on 2026-05-14 as an award (transaction code A) for trustee compensation. The filing lists the price as N/A and does not report a total dollar value for the grant. This was a compensation award (not a purchase or sale), so it is a routine equity grant rather than a market-direction trade.

Key Details

• Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (filed within typical 2-business-day requirement).
• Shares granted/acquired: 3,803 restricted shares; price: N/A.
• Shares owned after transaction: Not specified in this filing.
• Footnote: These restricted shares were granted as part of annual trustee compensation and will vest one year from the grant date.
• Transaction type: A = Award/Grant.

Context Restricted-share awards to directors/trustees are common as part of regular compensation and are generally considered routine. Because the shares are subject to vesting, this grant reflects compensation rather than an immediate change in Denton’s market exposure. Such awards do not necessarily signal insider confidence in the near-term stock price.