Mifsud Anthony 4
4 · COPT DEFENSE PROPERTIES · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
COPT Defense Properties (CDP) EVP/CFO Anthony Mifsud Receives Award
What Happened
Anthony Mifsud, EVP and CFO of COPT Defense Properties, received compensation awards on March 1, 2026 consisting of two grants: 8,149 shares and 8,149 profit-interest units (derivative). No purchase price was reported (N/A). The profit-interest units convert to OP Units (one-for-one exchangeable for common shares or redeemable for cash at the company's option) when vested and upon equalization of the capital account.
Key Details
- Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (timely filing).
- Grants: 8,149 shares (award) + 8,149 Profit Interest Units (derivative) = 16,298 total units awarded. Reported price: N/A.
- Vesting: Profit Interest Units vest in three equal installments over three years.
- Purpose: Received as employment compensation under the COPT Defense Properties 2017 Omnibus Equity and Incentive Plan.
- Shares owned after transaction: not disclosed in the filing.
Context
These were compensation awards, not open-market purchases or sales; such grants are routine executive compensation and do not by themselves indicate buying/selling sentiment. The derivative Profit Interest Units will convert to OP Units (and may be redeemed for cash or converted one-for-one into COPT common shares) once vested and equalized.
Insider Transaction Report
- Award
Common Shares
[F1]2026-03-01+8,149→ 67,834 total - Award
Profit Interest Units
[F2][F3][F1][F4]2026-03-01+8,149→ 322,600 total→ Common Shares (8,149 underlying)
Footnotes (4)
- [F1]Received as employment compensation.
- [F2]Each Profit Interest Unit will convert automatically into one share of beneficial interest, designated as a unit (an "OP Unit"), in COPT Defense Properties, L.P. when such Profit Interest Unit becomes vested and upon equalization of its capital account balance. OP Units are redeemable for cash, or, at the option of COPT Defense Properties, exchangeable for common shares of COPT Defense Properties, currently on a one-for-one basis.
- [F3]Represents Profit Interest Units issued pursuant to the COPT Defense Properties 2017 Omnibus Equity and Incentive Plan.
- [F4]The Profit Interest Units will vest in three equal installments over a three-year period.