Was the 3,976-share Brixmor (BRX) transaction an open-market purchase or a grant?

The 3,976-share transaction was a grant of restricted stock, not an open-market purchase. The Form 4 uses transaction code A, indicating a grant, award, or other acquisition, with a reported price of $0.0000 per share.

Director at Brixmor (NYSE: BRX) granted 3,976 restricted shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Director Sandra AJ Lawrence of Brixmor Property Group Inc. received an award of 3,976 shares of common stock as restricted stock, with no cash paid per share. After this grant, she directly holds 27,140 common shares, which also include shares acquired through the company’s Dividend Reinvestment and Direct Stock Purchase Plan in transactions exempt from Section 16.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lawrence Sandra AJ

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,976	$0.00	--

Holdings After Transaction: Common Stock — 27,140 shares (Direct, null)

Footnotes (1)

Represents an award of restricted stock. Includes shares acquired pursuant to the Brixmor Property Group Inc. Dividend Reinvestment and Direct Stock Purchase Plan in transactions exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16a-11 under the Exchange Act.

Key Figures

Restricted stock grant: 3,976 shares Grant price per share: $0.0000 per share Total shares after transaction: 27,140 shares

3 metrics

Restricted stock grant 3,976 shares Award of restricted common stock on April 22, 2026

Grant price per share $0.0000 per share Reported acquisition cost for restricted stock award

Total shares after transaction 27,140 shares Direct common stock holdings following the award

Key Terms

restricted stock, Dividend Reinvestment and Direct Stock Purchase Plan, Section 16, Rule 16a-11

4 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.

Dividend Reinvestment and Direct Stock Purchase Plan financial

"Includes shares acquired pursuant to the Brixmor Property Group Inc. Dividend Reinvestment and Direct Stock Purchase Plan"

Section 16 regulatory

"in transactions exempt from Section 16 of the Securities Exchange Act of 1934"

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

Rule 16a-11 regulatory

"pursuant to Rule 16a-11 under the Exchange Act."

Form 4 Insider Transactions: What Each Field Means →

04/24/2026 - 04:37 PM

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^*

Lawrence Sandra AJ

(Last)

(First)

(Middle)

C/O BRIXMOR PROPERTY GROUP INC

100 PARK AVENUE

(Street)

NEW YORK

10017

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/22/2026		A		3,976⁽¹⁾	A	$0	27,140⁽²⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents an award of restricted stock.

2. Includes shares acquired pursuant to the Brixmor Property Group Inc. Dividend Reinvestment and Direct Stock Purchase Plan in transactions exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16a-11 under the Exchange Act.

	/s/ Steven F. Siegel, by power of attorney	04/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Brixmor (BRX) director Sandra AJ Lawrence report on this Form 4?

Sandra AJ Lawrence reported receiving an award of 3,976 shares of Brixmor common stock. The award is classified as restricted stock and was acquired at no cash cost per share, reflecting equity-based compensation rather than an open-market purchase.

How many Brixmor (BRX) shares does Sandra AJ Lawrence hold after the grant?

After the restricted stock grant, Sandra AJ Lawrence directly holds 27,140 Brixmor common shares. This total includes shares previously acquired through the company’s Dividend Reinvestment and Direct Stock Purchase Plan in transactions exempt from Section 16 reporting.

What does the restricted stock award mean for Brixmor (BRX) director compensation?

The restricted stock award shows part of the director’s compensation is paid in equity rather than cash. Such grants align directors’ interests with shareholders by tying compensation to the company’s stock performance over time, subject to the award’s vesting terms.

How were some of Sandra AJ Lawrence’s Brixmor (BRX) shares acquired previously?

Some of her shares were acquired through the Brixmor Dividend Reinvestment and Direct Stock Purchase Plan. The filing notes these transactions are exempt from Section 16 under Rule 16a-11, meaning they occur automatically through the plan rather than discretionary trades.