Quick Takeaways
- This page summarizes Stephen E. Budorick's Form 4 filing for COPT DEFENSE PROPERTIES (CDP).
- 1 reported transaction and 1 derivative row are listed below.
- Filing timestamp: 04 Mar 2025, 17:13.
Stephen E. Budorick - 01 Mar 2025 Form 4 Insider Report for COPT DEFENSE PROPERTIES (CDP)
- Signature
- /s/ David L. Finch, by Power of Attorney
- Issuer symbol
- CDP
- Transactions as of
- 01 Mar 2025
- Net transactions value
- $0
- Form type
- 4
- Filing time
- 04 Mar 2025, 17:13:01 UTC
- Previous filing
- 31 Jan 2025
- Next filing
- 06 Feb 2026
- SEC
- View on sec.gov
Quoteable Key Fact
"Stephen E. Budorick filed Form 4 for COPT DEFENSE PROPERTIES (CDP) on 04 Mar 2025."
What Changed
- Previous filing in this sequence was filed on 31 Jan 2025.
- Current net transaction value: $0.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Source Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
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 | +61,561 | +7.5% | $0.000000 | 883,593 | 01 Mar 2025 | Common Shares | 61,561 | 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. |