Brixmor Property Group (BRX) director receives 5,798-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crosland Sheryl Maxwell reported acquisition or exercise transactions in this Form 4 filing.
Brixmor Property Group Inc. director Sheryl Maxwell Crosland reported an equity compensation grant of common stock. On April 22, 2026, she received an award of 5,798 shares of restricted stock at no cost, increasing her direct holdings to 58,882 common shares. The filing also shows 4,090 common shares held indirectly through her spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Crosland Sheryl Maxwell
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,798 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 58,882 shares (Direct, null);
Common Stock — 4,090 shares (Indirect, By spouse)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock award: 5,798 shares
Direct holdings after grant: 58,882 shares
Indirect holdings by spouse: 4,090 shares
+1 more
4 metrics
Restricted stock award
5,798 shares
Award of restricted common stock on April 22, 2026
Direct holdings after grant
58,882 shares
Common stock directly owned following the award
Indirect holdings by spouse
4,090 shares
Common stock reported as indirectly owned through spouse
Grant price per share
$0.00 per share
Restricted stock compensation award, no cash paid
Key Terms
restricted stock, grant, award, or other acquisition, indirect ownership
3 terms
restricted stock financial
"Represents an award of restricted stock."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
grant, award, or other acquisition financial
"transaction_action: grant/award acquisition for 5,798 shares"
indirect ownership financial
"4,090 shares reported as indirectly owned "By spouse""
FAQ
What insider transaction did BRX director Sheryl Maxwell Crosland report?
Sheryl Maxwell Crosland reported receiving an equity compensation grant of common stock. On April 22, 2026, she was awarded 5,798 shares of restricted stock at no cost, reflecting a non-market grant rather than an open-market purchase or sale of Brixmor Property Group Inc. shares.
Was the BRX Form 4 transaction a stock purchase or a compensation award?
The Form 4 shows a compensation-related award, not a market purchase. Crosland received 5,798 shares of restricted stock with a transaction price of $0.00 per share, indicating an equity grant classified as a “grant, award, or other acquisition” rather than an open-market buy or sell.
What does the restricted stock award mean for BRX insider ownership?
The restricted stock award modestly increases the director’s direct ownership stake. With 5,798 new restricted shares, her direct holdings rise to 58,882 shares, while 4,090 more shares are reported as indirectly owned by her spouse, expanding the director’s overall reported economic interest in Brixmor Property Group.
How is the spouse’s ownership reported in the BRX Form 4 filing?
The Form 4 lists 4,090 common shares as indirectly owned “By spouse.” This indicates those shares are held in the spouse’s name and attributed as indirect ownership for reporting purposes, distinguishing them from the director’s 58,882 directly held shares of Brixmor Property Group common stock.