Director grant at Brandywine Realty Trust (NYSE: BDN) totals 37,582 shares

Rhea-AI Filing Summary

DIGGS JAMES C reported acquisition or exercise transactions in this Form 4 filing.

Brandywine Realty Trust director James C. Diggs received a stock award of 37,582 common shares. The grant represents his $115,000 Annual Trustee award, calculated using a closing share price of $3.06 on 05/28/26, and the shares vested immediately upon grant. Following this compensation-related award, he directly holds 166,254 common shares of beneficial interest.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider DIGGS JAMES C

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Shares of Beneficial Interest	37,582	$0.00	--

Holdings After Transaction: Common Shares of Beneficial Interest — 166,254 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 37,582 shares Award value: $115,000 Reference share price: $3.06 per share +2 more

5 metrics

Shares granted 37,582 shares Annual Trustee equity award on May 28, 2026

Award value $115,000 Annual Trustee award value for James C. Diggs

Reference share price $3.06 per share Closing price on 05/28/26 used to calculate award shares

Total shares after transaction 166,254 shares Director’s direct holdings following the grant

Grant price per share $0.00 per share Compensation grant, no cash paid by director

Key Terms

Annual Trustee award, Common Shares of Beneficial Interest, vested immediately upon grant

3 terms

Annual Trustee award financial

"These shares reflect the $115,000 Annual Trustee award, the number of shares of which is calculated..."

Common Shares of Beneficial Interest financial

"security_title: Common Shares of Beneficial Interest"

Common Shares of Beneficial Interest are units that represent ownership in a company or organization, like owning a piece of a pie. They give investors voting rights and a chance to share in profits, making them important for those looking to invest and have a say in how the organization is run.

vested immediately upon grant financial

"Shares vested immediately upon grant."

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

DIGGS JAMES C

(Last) (First) (Middle)

2929 ARCH STREET, SUITE 1800

SUITE 1800

(Street)

PHILADELPHIA PENNSYLVANIA 19104

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BRANDYWINE REALTY TRUST [ BDN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares of Beneficial Interest	05/28/2026		A		37,582(1)	A	$0	166,254	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares reflect the $115,000 Annual Trustee award, the number of shares of which is calculated based upon a closing price on 05/28/26 of $3.06. Shares vested immediately upon grant.

	/s/ Shawn Neuman as Attorney-in-Fact for James C. Diggs	06/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Brandywine Realty Trust (BDN) report for James C. Diggs?

Brandywine Realty Trust reported that director James C. Diggs received a grant of 37,582 common shares. The award was part of his Annual Trustee compensation and vested immediately upon grant.

How large was James C. Diggs’ share award at Brandywine Realty Trust (BDN)?

James C. Diggs received 37,582 common shares as an equity award valued at $115,000. The number of shares was determined using a closing share price of $3.06 on May 28, 2026.

Was the Brandywine Realty Trust (BDN) Form 4 transaction an open-market purchase?

No, the Form 4 transaction was not an open-market purchase. It was a compensation-related grant coded as an award acquisition, issued at no cash cost per share to the director.

What share price was used to calculate the Brandywine Realty Trust (BDN) trustee award?

The trustee award was calculated using a closing share price of $3.06 on May 28, 2026. This price determined how many shares were needed to deliver the $115,000 equity award.

How many Brandywine Realty Trust (BDN) shares does James C. Diggs own after this grant?

After receiving the 37,582-share award, James C. Diggs directly holds 166,254 common shares. This figure reflects his total direct ownership immediately following the reported transaction.