Brookfield (BPYPM) director discloses preferred unit stakes in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Brookfield Property Partners L.P. director Jeffrey M. Blidner filed an initial ownership report for preferred equity. He reports 653 Class A Cumulative Redeemable Preferred Units, Series 1 held directly, plus 191 such units held through the Blindner Family Foundation and 308 units held through Jeffrey Blidner Ltd., all in a subsidiary, Brookfield Property Preferred L.P.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
BLIDNER JEFFREY M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Cumulative Redeemable Units, Series 1 | -- | -- | -- |
| holding | Class A Cumulative Redeemable Units, Series 1 | -- | -- | -- |
| holding | Class A Cumulative Redeemable Units, Series 1 | -- | -- | -- |
Holdings After Transaction:
Class A Cumulative Redeemable Units, Series 1 — 653 shares (Direct);
Class A Cumulative Redeemable Units, Series 1 — 191 shares (Indirect, See Footnote)
Footnotes (1)
- Represents Class A Cumulative Redeemable Preferred Units, Series 1 of Brookfield Property Preferred L.P., a subsidiary of Brookfield Property Partners L.P. Held through Blindner Family Foundation Held through Jeffrey Blidner Ltd.
FAQ
What does the Form 3 filing by Jeffrey M. Blidner mean for BPYPM investors?
The Form 3 shows Jeffrey M. Blidner’s initial holdings of preferred units. It discloses his direct and indirect ownership in Class A Cumulative Redeemable Preferred Units, Series 1 of a Brookfield subsidiary, giving investors transparency into a director’s existing stake.
What securities are disclosed in Jeffrey M. Blidner’s BPYPM Form 3 filing?
The filing discloses holdings of Class A Cumulative Redeemable Preferred Units, Series 1. These units are issued by Brookfield Property Preferred L.P., a subsidiary of Brookfield Property Partners L.P., and represent preferred equity rather than common units or common shares.
Does the BPYPM Form 3 for Jeffrey M. Blidner report any recent insider buying or selling?
No insider buying or selling is reported in this Form 3. It is an initial ownership statement that lists existing direct and indirect holdings of preferred units, rather than documenting new purchase or sale transactions in Brookfield-related securities.
Which Brookfield entity issued the preferred units in Jeffrey M. Blidner’s BPYPM Form 3?
The preferred units are issued by Brookfield Property Preferred L.P. The footnotes clarify that these are Class A Cumulative Redeemable Preferred Units, Series 1 of this subsidiary, which is part of the broader Brookfield Property Partners L.P. structure.