Steven F. Siegel - 17 Jul 2024 Form 4 Insider Report for Brixmor Property Group Inc. (BRX)

Signature
/s/ Steven F. Siegel
Issuer symbol
BRX
Transactions as of
17 Jul 2024
Net transactions value
-$245,000
Form type
4
Filing time
17 Jul 2024, 16:30:54 UTC
Previous filing
16 Jul 2024
Next filing
31 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRX Common Stock Sale $245,000 -10,000 -2.8% $24.50 350,004 17 Jul 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person March 8, 2024.

Remarks:

Executive Vice President, General Counsel and Secretary