Brixmor director disposes 5,000 shares; weighted avg $26.538 disclosed

Rhea-AI Filing Summary

Brixmor Property Group director Michael B. Berman reported a sale of 5,000 shares of common stock on 08/06/2025, at a weighted-average price of $26.538. The filing shows the sale prices ranged from $26.535 to $26.545 and that the reporting person holds 35,726 shares following the transaction.

The Form 4 includes an explanatory note that the weighted-average price is reported and that the reporting person will provide per-price sale quantities upon request. No derivative securities were reported on this Form 4.

Positive

• Full disclosure of weighted-average sale price and the price range ($26.535–$26.545) is provided.
• No derivative securities are reported on this Form 4, limiting complexity of the filing.
• Commitment to provide per-price share quantities upon request enhances transparency.

Negative

• Insider sale: the reporting person disposed of 5,000 shares, reducing direct holdings to 35,726 shares.
• Potential perception risk: insider selling can be interpreted negatively by some investors, though no motive is disclosed.

Insights

Securities Analyst

TL;DR: Director sold 5,000 shares; transaction disclosed with price detail and leaves 35,726 shares held, a routine insider sale.

The Form 4 documents a straightforward open-market disposition coded as a sale, showing a weighted-average sale price of $26.538 and an actual price range of $26.535 to $26.545. The reporting person’s post-transaction direct ownership is 35,726 shares, and no derivative holdings are reported. This filing supplies transaction transparency but does not, by itself, indicate change in company fundamentals.

Corporate Governance Expert

TL;DR: Disclosure is complete and includes commitment to provide detailed per-price quantities on request; sale was executed under POA.

The form was executed by a power of attorney on behalf of the reporting person and contains an explicit explanatory note offering to provide the number of shares sold at each price point. That level of disclosure supports transparency and eases verification for investors and regulators. The Form reports only non-derivative activity and does not present new governance changes.

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
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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^*

Berman Michael B

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2025

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	08/06/2025		S		5,000	D	$26.538(1)	35,726	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

Explanation of Responses:

1. The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $26.535 to $26.545. The reporting person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

	/s/ Steven F. Siegel, by power of attorney	08/08/2025
	** 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 did the BRX Form 4 filed by Michael B. Berman disclose?

The filing discloses a sale of 5,000 common shares at a weighted-average price of $26.538, with a reported remaining direct ownership of 35,726 shares.

When was the transaction reported on the BRX Form 4 executed?

The reported transaction date is 08/06/2025 as shown on the Form 4.

At what prices were the BRX shares sold according to the Form 4?

The Form 4 reports a weighted-average sale price of $26.538 and an actual sale price range of $26.535 to $26.545.

Does the BRX Form 4 show any derivative transactions for the reporting person?

No. Table II shows no derivative securities were acquired or disposed of in this filing.

Who signed the BRX Form 4 on behalf of the reporting person?

The Form 4 is signed by Steven F. Siegel by power of attorney on behalf of the reporting person.