Director at Brookfield Property Partners (BPYPM) reports preferred unit stakes
Rhea-AI Filing Summary
Brookfield Property Partners L.P. director Maroun Louis Joseph filed an initial ownership report showing preferred unit holdings. He reports indirect ownership of 200 6.50% Class A Preferred Units, Series 1 held through a family member, and direct ownership of 20,000 Class A Cumulative Redeemable Preferred Units, Series 1.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Maroun Louis Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | 6.50% Class A Preferred Units, Series 1 | -- | -- | -- |
| holding | Class A Cumulative Redeemable Units, Series 1 | -- | -- | -- |
Holdings After Transaction:
6.50% Class A Preferred Units, Series 1 — 200 shares (Indirect, See Footnote);
Class A Cumulative Redeemable Units, Series 1 — 20,000 shares (Direct)
Footnotes (2)
- F1. Held through Jillian Maroun, a member of the reporting person's family.
- F2. Represents Class A Cumulative Redeemable Preferred Units, Series 1 of Brookfield Property Preferred L.P., a subsidiary of Brookfield Property Partners L.P.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Brookfield Property Partners (BPYPM) Form 3 filing show?
The Form 3 filing shows director Maroun Louis Joseph reporting his initial ownership of preferred units, including 200 6.50% Class A Preferred Units, Series 1 indirectly and 20,000 Class A Cumulative Redeemable Preferred Units, Series 1 directly.
Did Maroun Louis Joseph buy or sell Brookfield Property Partners (BPYPM) units in this Form 3?
This Form 3 does not report any buys or sells. It simply lists existing holdings: indirect ownership of 200 6.50% Class A Preferred Units, Series 1, and direct ownership of 20,000 Class A Cumulative Redeemable Preferred Units, Series 1.
How many Brookfield Property Partners (BPYPM) preferred units does Maroun Louis Joseph hold indirectly?
He is reported as indirectly holding 200 6.50% Class A Preferred Units, Series 1. A footnote explains these are held through Jillian Maroun, a member of the reporting person’s family, indicating family-associated ownership.
What direct holdings does Maroun Louis Joseph report in Brookfield Property Partners (BPYPM)?
He reports direct ownership of 20,000 Class A Cumulative Redeemable Preferred Units, Series 1. These units relate to Brookfield Property Preferred L.P., a subsidiary of Brookfield Property Partners L.P., as described in the filing’s footnote.
What is the significance of the footnotes in the Brookfield Property Partners (BPYPM) Form 3?
The footnotes clarify that 200 preferred units are held through family member Jillian Maroun and that the Class A Cumulative Redeemable Preferred Units, Series 1 are units of Brookfield Property Preferred L.P., a subsidiary of Brookfield Property Partners L.P.