Brookfield director reports 10,000 preferred units

Q: How many preferred units does Stephen DeNardo report owning in BPYPM?

Stephen DeNardo reports indirect ownership of 10,000 Class A Cumulative Redeemable Preferred Units, Series 1. This figure is shown as the total units following the reported holdings and serves as his disclosed starting position in these securities.

Q: What type of security is disclosed in Stephen DeNardo’s Brookfield Property Form 3?

The filing discloses holdings of Class A Cumulative Redeemable Preferred Units, Series 1. These units are described as preferred units of Brookfield Property Preferred L.P., a subsidiary of Brookfield Property Partners L.P., rather than common equity units.

Brookfield Property Partners L.P. director Stephen DeNardo filed an initial ownership report showing indirect holdings of Class A Cumulative Redeemable Preferred Units, Series 1.

Accepted by SEC EDGAR 03/18/2026 - 04:16 PM EDT

Filing Impact

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Brookfield Property Partners L.P. director Stephen DeNardo filed an initial ownership report showing indirect holdings of Class A Cumulative Redeemable Preferred Units, Series 1. The filing lists 10,000 such units held indirectly through retirement and trust accounts, without reporting any new purchases or sales.

Insider Trade Summary

Holdings reported, no transactions

Holdings

Insider DeNardo Stephen

Role Director

Type	Security	Shares	Price	Value
Holding	Class A Cumulative Redeemable Units, Series 1	--	--	--
Holding	Class A Cumulative Redeemable Units, Series 1	--	--	--

Holdings: Class A Cumulative Redeemable Units, Series 1 — 20,000 shares (Indirect, See Footnote)

Footnotes (3)

F1. Represents Class A Cumulative Redeemable Preferred Units, Series 1 of Brookfield Property Preferred L.P., a subsidiary of Brookfield Property Partners L.P.
F2. Held through a Simplified Employee Pension Individual Retirement Arrangement (SEP IRA) account
F3. Held through Stephen DeNardo Revocable Trust

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Stephen DeNardo’s Form 3 for Brookfield Property Partners (BPYPM) report?

The Form 3 reports Stephen DeNardo’s initial beneficial ownership in Brookfield Property Partners. It shows indirect holdings of Class A Cumulative Redeemable Preferred Units, Series 1, rather than any new transaction, establishing his baseline ownership as a director.

How many preferred units does Stephen DeNardo report owning in BPYPM?

Stephen DeNardo reports indirect ownership of 10,000 Class A Cumulative Redeemable Preferred Units, Series 1. This figure is shown as the total units following the reported holdings and serves as his disclosed starting position in these securities.

What type of security is disclosed in Stephen DeNardo’s Brookfield Property Form 3?

The filing discloses holdings of Class A Cumulative Redeemable Preferred Units, Series 1. These units are described as preferred units of Brookfield Property Preferred L.P., a subsidiary of Brookfield Property Partners L.P., rather than common equity units.

Are Stephen DeNardo’s BPYPM preferred units held directly or indirectly?

The units are held indirectly. The Form 3 marks ownership as indirect and explains in footnotes that the preferred units are held through a SEP IRA account and the Stephen DeNardo Revocable Trust, rather than in a direct personal brokerage account.

Does Stephen DeNardo’s Brookfield Property Form 3 show any recent buy or sell transactions?

No. The Form 3 lists only holding entries with unknown transaction codes and shows no buy or sell activity. It functions as an initial ownership statement, indicating existing indirect preferred unit holdings without recording market transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

DeNardo Stephen

(Last)

(First)

(Middle)

C/O BROOKFIELD PROPERTY PARTNERS L.P.

73 FRONT STREET, FIFTH FLOOR

(Street)

HAMILTON

HM 12

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Brookfield Property Partners L.P. [ BPY ]

3a. Foreign Trading Symbol

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Cumulative Redeemable Units, Series 1⁽¹⁾	10,000	I	See Footnote⁽²⁾
Class A Cumulative Redeemable Units, Series 1⁽¹⁾	10,000	I	See Footnote⁽³⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

1. Represents Class A Cumulative Redeemable Preferred Units, Series 1 of Brookfield Property Preferred L.P., a subsidiary of Brookfield Property Partners L.P.

2. Held through a Simplified Employee Pension Individual Retirement Arrangement (SEP IRA) account

3. Held through Stephen DeNardo Revocable Trust

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney

	/s/ Michelle Campbell, Attorney-in-Fact	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR