Brandywine Realty Trust filings document the REIT and Brandywine Operating Partnership, L.P. as public real estate registrants, including operating results, financial condition, common-share registration and capital-structure matters tied to the operating partnership.
Recent disclosure categories include Form 8-K reports for earnings releases and non-GAAP reconciliations, material agreements and debt financing, and governance events. Proxy materials cover trustee elections, executive compensation, equity awards, shareholder voting matters and other REIT governance disclosures.
Brandywine Realty Trust EVP & Senior Managing Director H. Jeffrey DeVuono reported equity award activity and related tax withholdings. On 01/22/2026, he received 58,483 common shares of beneficial interest earned under his 2023–2025 restricted performance share award and 73,104 common shares earned under the outperformance element of his 2023–2025 restricted share unit award, both at $0 per share. On 01/23/2026, the company withheld 23,302 common shares at $3.03 per share to satisfy payroll taxes on his 2023–2025 restricted performance share unit award and 17,234 common shares at $3.03 per share from restricted stock units settled under outperformance elements of his 2022–2024 and 2023–2025 awards to satisfy payroll taxes. After these transactions, he directly held 643,371 common shares of beneficial interest.
Brandywine Realty Trust reported insider equity activity by SVP & Chief Accounting Officer Daniel A. Palazzo. On 01/22/2026, he acquired 17,391 common shares at $0, representing shares earned under his 2023-2025 Restricted Performance Share Award. On 01/23/2026, 7,431 common shares were withheld at $3.03 per share to satisfy payroll taxes due upon delivery of shares from his 2023-2025 Restricted Performance Share Unit Award. After these transactions, he directly owned 194,499 common shares of beneficial interest.
Brandywine Realty Trust General Counsel & Secretary Shawn Neuman reported equity compensation transactions in common shares of beneficial interest. On January 22, 2026, he acquired 30,089 common shares at $0, representing shares earned under his 2023–2025 restricted performance share unit award, and separately acquired 28,208 common shares at $0 tied to an outperformance element under a 2023–2025 restricted share unit award. On January 23, 2026, the company withheld 14,795 common shares at $3.03 per share and 7,807 common shares at $3.03 per share to cover payroll taxes due upon settlement of these awards and related restricted share rights. Following these transactions, Neuman directly beneficially owned 194,051 common shares.
Brandywine Realty Trust Executive Vice President and CFO Thomas E. Wirth reported equity compensation-related transactions in common shares of beneficial interest. On January 22, 2026, he acquired 73,760 shares earned under his 2023–2025 Restricted Performance Share Award and 103,724 shares earned under the outperformance element of his 2023–2025 Restricted Share Unit Award, both at $0 per share. On January 23, 2026, 36,883 shares and 33,536 shares were withheld at $3.03 per share to satisfy payroll taxes tied to these awards. Following these transactions, he continued to hold several hundred thousand shares directly.
Brandywine Realty Trust President and CEO Gerard H. Sweeney reported equity award vesting, ESPP purchases, and related tax withholdings in company stock. On January 22, 2026, he acquired 220,772 common shares at $0 under a 2023–2025 Restricted Performance Share Award and 310,460 common shares at $0 under the outperformance element of a 2023–2025 Restricted Share Unit Award. The filing also notes 3,811 common shares acquired under the Employee Share Purchase Plan on December 23, 2025 at $3.28 per share.
On January 23, 2026, 9,432 common shares and 13,923 common shares were withheld at $3.03 per share to satisfy payroll taxes tied to these awards. After the reported transactions, Sweeney directly owned 3,553,898 common shares of beneficial interest in Brandywine Realty Trust.
Brandywine Realty Trust EVP of Operations George Johnstone reported equity compensation and related tax-withholding transactions in company common shares. On January 22, 2026, he acquired 52,825 common shares at $0 under his 2023–2025 Restricted Performance Share Award and 66,032 common shares at $0 under the outperformance element of his 2023–2025 Restricted Share Unit Award.
On January 23, 2026, the filing shows share withholdings for payroll taxes tied to these awards. The company withheld 26,405 common shares at $3.03 per share from one award and 24,505 common shares at $3.03 per share from restricted stock units settled under the outperformance elements of his 2022–2024 and 2023–2025 awards. After the reported transactions, his directly held positions on the respective lines showed 532,837 and 574,364 common shares beneficially owned.
BlackRock, Inc. has filed an amended Schedule 13G reporting a significant passive ownership stake in Brandywine Realty Trust common stock. BlackRock reports beneficial ownership of 28,682,165 shares, representing 16.5% of the outstanding common stock, with sole voting power over 28,373,048 shares and sole dispositive power over 28,682,165 shares.
The filing states that the securities are held in the ordinary course of business and are not held for the purpose of changing or influencing control of Brandywine Realty Trust. It also notes that iShares Core S&P Small-Cap ETF has an interest in more than five percent of the issuer’s common stock.
Brandywine Realty Trust announces that George D. Johnstone, its Executive Vice President – Operations, plans to retire from his current role by the end of the first quarter of 2026. Johnstone has held leadership positions at the company for twenty-seven years, and the company publicly recognizes his contributions and long service. It is expected that he and the company will enter into an agreement for him to assist with various transition activities during 2026, which is intended to support continuity in operations and leadership as responsibilities are handed off.
Brandywine Realty Trust (BDN) President and CEO Gerard H. Sweeney reported an open‑market purchase of 88,500 common shares on 11/10/2025 at a price of $3.3772 per share. Following this transaction, his beneficial ownership stands at 3,042,210 shares held directly.
The filing also reflects additional shares acquired under the company’s ESPP that are included in the ending balance: 4,062.09 shares on June 16, 2025 at $3.59 per share and 3,506.56 shares on September 15, 2025 at $3.56 per share. The ESPP permits fractional shares and numbers are rounded to the nearest whole share.
Brandywine Realty Trust (BDN) reported a Q3 2025 net loss attributable to common shareholders of $26.2 million, or $0.15 per diluted share, on total revenue of $121.4 million. Operating income was $25.2 million, but higher interest expense and losses from unconsolidated ventures drove the bottom line.
Revenue declined versus last year as rents softened and third-party fees decreased. Year-to-date, the company recorded $63.4 million of impairment, and interest expense rose to $97.1 million. The board declared a Q3 distribution of $0.08 per share. Brandywine closed a $55.1 million Austin office sale during the quarter and sold a Richmond land parcel for $4.6 million on October 6, 2025.
On October 22, 2025, Brandywine acquired its partner’s preferred equity interest in the 3025 JFK venture for $70.5 million, resulting in full ownership and assumption of a $178.0 million secured construction loan maturing in July 2026. Unsecured senior notes outstanding increased to $1.78 billion from $1.62 billion at year-end, and total debt rose to $2.27 billion. Common shares outstanding were 173,699,039 as of November 2, 2025.