STEPHEN E. BUDORICK - 01 Mar 2026 Form 4 Insider Report for COPT DEFENSE PROPERTIES (CDP)

Role: PRESIDENT/CEO, Director
Signature: /s/ David L. Finch, by Power of Attorney
Issuer symbol: CDP
Transactions as of: 01 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 03 Mar 2026, 17:07:40 UTC
Previous filing: 06 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
BUDORICK STEPHEN E	PRESIDENT/CEO, Director	6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA	/s/ David L. Finch, by Power of Attorney	03 Mar 2026	0001169452

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CDP	Profit Interest Units	Award	$0	+61,114	+5.7%	$0.000000	1,124,411	01 Mar 2026	Common Shares	61,114		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Represents Profit Interest Units issued pursuant to the COPT Defense Properties 2017 Omnibus Equity and Incentive Plan.
F3	The Profit Interest Units will vest in three equal installments over a three-year period.