Brixmor (BRX) EVP and CIO details RSU vesting and share surrenders

Rhea-AI Filing Summary

Brixmor Property Group Inc. executive reports RSU vesting and tax share withholding. The EVP and Chief Investment Officer reported multiple transactions on January 1, 2026, primarily the conversion of restricted stock units (RSUs) into common stock and related share surrenders for taxes.

Several RSU awards vested and were converted into Brixmor common stock on a one-for-one basis, including one grant covering 13,948 shares. To cover tax withholding obligations upon these vestings, the executive surrendered blocks of common shares back to the company at a price of $26.22 per share.

After the reported transactions, the executive directly beneficially owned 386,169 shares of Brixmor common stock. The derivative table shows the corresponding reduction in RSU balances as they were settled into common shares on the same date.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Horgan Mark

(Last) (First) (Middle)

C/O BRIXMOR PROPERTY GROUP INC.

100 PARK AVENUE

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Brixmor Property Group Inc. [ BRX ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Investment Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026

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

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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/01/2026		M		13,948	A	(1)	361,805	D
Common Stock	01/01/2026		F		5,028(2)	D	$26.22	356,777	D
Common Stock	01/01/2026		M		7,512	A	(1)	364,289	D
Common Stock	01/01/2026		F		3,030(2)	D	$26.22	361,259	D
Common Stock	01/01/2026		M		7,512	A	(1)	368,771	D
Common Stock	01/01/2026		F		2,708(2)	D	$26.22	366,063	D
Common Stock	01/01/2026		M		10,344	A	(1)	376,407	D
Common Stock	01/01/2026		F		4,682(2)	D	$26.22	371,725	D
Common Stock	01/01/2026		M		5,174	A	(1)	376,899	D
Common Stock	01/01/2026		F		1,865(2)	D	$26.22	375,034	D
Common Stock	01/01/2026		M		7,326	A	(1)	382,360	D
Common Stock	01/01/2026		F		3,740(2)	D	$26.22	378,620	D
Common Stock	01/01/2026		M		7,725	A	(1)	386,345	D
Common Stock	01/01/2026		F		3,944(2)	D	$26.22	382,401	D
Common Stock	01/01/2026		M		7,697	A	(1)	390,098	D
Common Stock	01/01/2026		F		3,929(2)	D	$26.22	386,169	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	01/01/2026		M			13,948	(3)	(3)	Common Stock	13,948	(1)	0	D
Restricted Stock Units	(1)	01/01/2026		M			7,512	(3)	(3)	Common Stock	7,512	(1)	0	D
Restricted Stock Units	(1)	01/01/2026		M			7,512	(3)	(3)	Common Stock	7,512	(1)	0	D
Restricted Stock Units	(1)	01/01/2026		M			10,344	(3)	(3)	Common Stock	10,344	(1)	10,344	D
Restricted Stock Units	(1)	01/01/2026		M			5,174	(3)	(3)	Common Stock	5,174	(1)	5,174	D
Restricted Stock Units	(1)	01/01/2026		M			7,326	(4)	(4)	Common Stock	7,326	(1)	0	D
Restricted Stock Units	(1)	01/01/2026		M			7,725	(4)	(4)	Common Stock	7,725	(1)	7,725	D
Restricted Stock Units	(1)	01/01/2026		M			7,697	(4)	(4)	Common Stock	7,697	(1)	15,398	D

Explanation of Responses:

1. Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis.

2. Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.

3. Represents the number of shares earned based upon performance criteria and subject to additional service vesting that vested on January 1, 2026.

4. Represents the number of service-vesting units that vested on January 1, 2026.

	/s/ Steven F. Siegel, by power of attorney	01/05/2026
	** 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 4 (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.

FAQ

What insider transactions did Brixmor (BRX) report for its EVP and CIO?

The EVP and Chief Investment Officer of Brixmor Property Group Inc. reported multiple transactions on January 1, 2026, including the vesting and conversion of restricted stock units (RSUs) into common stock and the surrender of shares to cover tax withholding obligations.

How many Brixmor (BRX) shares did the executive own after these Form 4 transactions?

Following the reported transactions, the executive directly beneficially owned 386,169 shares of Brixmor Property Group Inc. common stock.

What is the conversion ratio of Brixmor (BRX) restricted stock units reported in this filing?

The filing states that the restricted stock units (RSUs) convert into common stock on a one-for-one basis, meaning each RSU becomes one share of Brixmor common stock upon vesting.

Why were some Brixmor (BRX) shares surrendered by the executive on January 1, 2026?

The filing explains that certain common shares were surrendered to Brixmor to satisfy tax withholding obligations triggered by the vesting of RSUs. These surrendered shares are reported with transaction code F at a price of $26.22 per share.

What types of equity awards are involved in this Brixmor (BRX) Form 4?

The Form 4 involves restricted stock units (RSUs) that either vest based on performance criteria and additional service or purely on service vesting. When these RSUs vested on January 1, 2026, they converted into common stock and reduced the outstanding RSU balances.

Does the Brixmor (BRX) Form 4 indicate performance-based equity for the executive?

Yes. The explanation notes that some RSUs represent the number of shares earned based upon performance criteria and subject to additional service vesting, which vested on January 1, 2026 and were then converted into common stock.