Brixmor Ppty Group Inc SEC Filings

Brixmor Property Group Inc. executive Steven F. Siegel, Executive Vice President, General Counsel and Secretary, reported multiple equity compensation events effective January 1, 2026. Several blocks of restricted stock units (RSUs) converted into common stock on a one-for-one basis, adding shares such as 11,633, 7,160, 5,348 and others to his holdings. At the same time, he surrendered shares back to the company in several transactions at $26.22 per share to cover tax withholding obligations tied to these RSU vestings. Following all reported transactions, he beneficially owned 327,893 shares of Brixmor common stock directly.

Brixmor Property Group Inc. executive vice president, chief financial officer and treasurer reported multiple equity transactions in the company’s common stock on January 1, 2026. The filing shows several batches of restricted stock units (RSUs) converting into common stock on a one-for-one basis, coded as exercises (transaction code M), increasing directly held shares.

The executive also surrendered shares in separate transactions coded F, with disposals such as 819, 442 and other share amounts at a price of $26.22 per share to satisfy tax withholding obligations tied to RSU vesting. After these transactions, the executive directly owned 61,113 shares of Brixmor common stock, along with remaining RSU awards reported in the derivative securities table.

Brixmor Property Group Inc. reported insider equity activity by its Senior Vice President and Chief Accounting Officer on a Form 4. On January 1, 2026, multiple grants of restricted stock units (RSUs) vested and were converted into shares of common stock on a one-for-one basis.

In connection with these RSU vestings, the insider surrendered portions of the resulting common shares back to the company to cover tax withholding obligations, with the withheld shares valued at $26.22 per share. The remaining shares from each vesting event were retained as directly owned common stock.

The vesting events included both RSUs earned based on performance criteria and subject to additional service requirements, as well as service-based RSUs that vested on January 1, 2026. Following the reported transactions, the insider continued to hold common stock and no derivative RSUs remained outstanding for some of the grants.

Brixmor Property Group Inc. reported insider equity activity by a single reporting person who is both a director and the company’s Chief Executive Officer and President. On January 1, 2026, multiple blocks of restricted stock units (RSUs) converted into common stock on a one-for-one basis, as shown by several transactions coded “M” in the filing.

On the same date, the insider disposed of shares in several transactions coded “F” at a price of $26.22 per share, reflecting stock surrendered to Brixmor to cover tax withholding obligations tied to the RSU vesting. After these transactions, the insider directly beneficially owned 285,445 shares of Brixmor common stock.

Brixmor Property Group Inc. (BRX) announced a planned CEO transition. On November 19, 2025, James M. Taylor Jr. notified the company that he will retire as Chief Executive Officer and as a member of the board, effective January 1, 2026.

Effective the same date, the board appointed Brian T. Finnegan, currently President and Chief Operating Officer and serving as interim CEO, as permanent Chief Executive Officer and a board member. He will retain the title of President and continue as interim CEO until the transition date.

Brixmor and Mr. Finnegan agreed to a new employment agreement effective January 1, 2026, running through December 31, 2028. It provides a minimum base salary of $900,000, an annual cash bonus opportunity at 100%, 125% and 200% of base salary for threshold, target and maximum performance, and target-level annual equity awards of at least $3,000,000 starting with the 2026 grant.

Brixmor Property Group (BRX) authorized a new share repurchase program for up to $400 million, replacing the prior $400 million plan and scheduled to expire on October 28, 2028. Repurchases may occur over time in the open market, privately negotiated transactions, Rule 10b5-1 plans, or accelerated repurchases, and can be started or suspended at any time, subject to existing debt agreements.

The company and its operating partnership also entered Equity Distribution Agreements supporting an “at-the-market” offering of up to $400 million of common stock, including the ability to execute forward sale agreements. Sales may be made on the NYSE, to/through market makers, in block trades, privately negotiated transactions, or to agents acting as principals. For forward sales, Brixmor does not initially receive proceeds; it expects to physically settle later for cash, but may alternatively cash or net-share settle. Net proceeds are intended for general corporate purposes. Sales agent compensation is up to 2.0% of the gross sales price (with a comparable reduction to the initial forward price for forward sales).

Brixmor Property Group Inc. (BRX) filed a prospectus supplement registering up to 2,500,000 shares of common stock for its Dividend Reinvestment and Direct Stock Purchase Plan. The Plan lets existing stockholders reinvest cash dividends and allows stockholders and new investors to make direct monthly purchases.

Shares may be acquired on the open market or issued directly by Brixmor. Proceeds are received by the company only when shares are newly issued and will be used for general corporate purposes; Brixmor receives no proceeds when the Plan Administrator buys on the open market. Typical purchase limits apply: minimum $50 per transaction for participants ($100 initial for non‑holders) and a $20,000 monthly maximum, with larger pre‑approved purchases possible. Large Cash Purchases, if approved, are newly issued and may be priced over a multi‑day period, with potential discounts up to 5% at Brixmor’s discretion.

To help maintain REIT status, Brixmor’s charter generally restricts ownership to no more than 9.8% of common stock or capital stock, subject to limited waivers. BRX trades on the NYSE.

Brixmor Property Group Inc. launched an at-the-market offering of up to $400,000,000 of common stock under equity distribution agreements with multiple financial institutions. Shares may be sold by the company through Sales Agents, directly to a Sales Agent acting as principal, or by Forward Sellers in connection with forward sale agreements. The company will not initially receive proceeds from Forward Seller borrow-and-sell transactions; cash is received upon physical settlement with a Forward Purchaser.

Brixmor expects to use any net proceeds for general corporate purposes, with interim investment in interest-bearing instruments consistent with REIT status. Commissions to Sales Agents or Forward Sellers will not exceed 2.0% of the gross sales price. The program ends upon selling an aggregate $400,000,000, termination by the parties, or on October 28, 2028. The charter generally limits any holder to 9.8% ownership of outstanding common stock to help maintain REIT qualification. Forward agreements allow physical, cash, or net share settlement, which can affect dilution and proceeds.

Brixmor Property Group Inc. (BRX) filed an automatic shelf registration statement on Form S-3, allowing it to offer, from time to time after effectiveness, various securities in one or more offerings. The shelf covers common stock, preferred stock, depositary shares, purchase contracts, units, and warrants. Brixmor Operating Partnership LP may also offer debt securities under the same shelf.

Specific terms, amounts, and prices will be set in future prospectus supplements. The plan of distribution permits sales through underwriters, dealers, agents, or directly to purchasers on a continuous or delayed basis. Brixmor’s common stock trades on the NYSE under the symbol BRX. Unless specified otherwise in a supplement, net proceeds are intended for general corporate purposes, including working capital, debt repayment, capital expenditures, stock repurchases, and acquisitions.

As of September 30, 2025, Brixmor’s portfolio comprised 354 shopping centers totaling approximately 63 million square feet.