Brixmor (NYSE: BRX) CEO awarded RSUs, surrenders shares for tax withholding
Rhea-AI Filing Summary
Brixmor Property Group Inc. Chief Executive Officer and President Brian T. Finnegan reported equity compensation activity dated February 4, 2026. He acquired 29,257 shares of common stock and later 2,747 shares at no cost upon vesting of previously granted restricted stock units (RSUs), which convert to common stock on a one-for-one basis.
To cover tax withholding on these vestings, 14,936 and 1,403 shares of common stock were surrendered back to the company at $27.73 per share. After these transactions, he directly held 301,110 common shares.
Finnegan was also credited with new RSU awards: 29,258 performance-based RSUs, of which 14,629 will vest on January 1, 2027 and 14,629 on January 1, 2028; 2,746 outperformance RSUs, with 1,373 vesting on each of those same dates; and 43,275 RSUs that vest ratably over three years beginning January 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 29,258 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,746 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 43,275 | $0.00 | -- |
| Grant/Award | Common Stock | 29,257 | $0.00 | -- |
| Tax Withholding | Common Stock | 14,936 | $27.73 | $414K |
| Grant/Award | Common Stock | 2,747 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,403 | $27.73 | $39K |
Footnotes (1)
- Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis. Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs. Represents the portion of the number of shares determined to have been earned based upon the performance criteria that are subject to additional time-based vesting criteria. Of the number of RSUs reported, 14,629 will vest on January 1, 2027 and 14,629 will vest on January 1, 2028. The date of the transaction represents the date on which the performance criteria of a previously granted performance share award were determined to have been satisfied. Represents the portion of the number of shares determined to have been earned based upon the outperformance criteria that are subject to additional time-based vesting criteria. Of the number of outperformance RSUs reported, 1,373 will vest on January 1, 2027 and 1,373 will vest on January 1, 2028. The date of the transaction represents the date on which the outperformance criteria of a previously granted outperformance RSU were determined to have been satisfied. The RSUs vest ratably over three years beginning January 1, 2027.