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Brixmor (NYSE: BRX) EVP reports RSU vesting and tax share surrender

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Brixmor Property Group Inc. executive Steven F. Siegel, Executive Vice President, General Counsel and Secretary, reported multiple equity compensation events effective January 1, 2026. Several blocks of restricted stock units (RSUs) converted into common stock on a one-for-one basis, adding shares such as 11,633, 7,160, 5,348 and others to his holdings. At the same time, he surrendered shares back to the company in several transactions at $26.22 per share to cover tax withholding obligations tied to these RSU vestings. Following all reported transactions, he beneficially owned 327,893 shares of Brixmor common stock directly.

Positive

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Negative

  • None.
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*
SIEGEL STEVEN F

(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)
See remarks
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 11,633 A (1) 314,290 D
Common Stock 01/01/2026 F 5,706(2) D $26.22 308,584 D
Common Stock 01/01/2026 M 6,264 A (1) 314,848 D
Common Stock 01/01/2026 F 3,067(2) D $26.22 311,781 D
Common Stock 01/01/2026 M 6,266 A (1) 318,047 D
Common Stock 01/01/2026 F 3,406(2) D $26.22 314,641 D
Common Stock 01/01/2026 M 7,160 A (1) 321,801 D
Common Stock 01/01/2026 F 3,512(2) D $26.22 318,289 D
Common Stock 01/01/2026 M 3,582 A (1) 321,871 D
Common Stock 01/01/2026 F 1,757(2) D $26.22 320,114 D
Common Stock 01/01/2026 M 5,072 A (1) 325,186 D
Common Stock 01/01/2026 F 2,406(2) D $26.22 322,780 D
Common Stock 01/01/2026 M 5,348 A (1) 328,128 D
Common Stock 01/01/2026 F 2,604(2) D $26.22 325,524 D
Common Stock 01/01/2026 M 4,619 A (1) 330,143 D
Common Stock 01/01/2026 F 2,250(2) D $26.22 327,893 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 11,633 (3) (3) Common Stock 11,633 (1) 0 D
Restricted Stock Units (1) 01/01/2026 M 6,264 (3) (3) Common Stock 6,264 (1) 0 D
Restricted Stock Units (1) 01/01/2026 M 6,266 (3) (3) Common Stock 6,266 (1) 0 D
Restricted Stock Units (1) 01/01/2026 M 7,160 (3) (3) Common Stock 7,160 (1) 7,160 D
Restricted Stock Units (1) 01/01/2026 M 3,582 (3) (3) Common Stock 3,582 (1) 3,582 D
Restricted Stock Units (1) 01/01/2026 M 5,072 (4) (4) Common Stock 5,072 (1) 0 D
Restricted Stock Units (1) 01/01/2026 M 5,348 (4) (4) Common Stock 5,348 (1) 5,348 D
Restricted Stock Units (1) 01/01/2026 M 4,619 (4) (4) Common Stock 4,619 (1) 9,238 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.
Remarks:
Executive Vice President, General Counsel and Secretary
/s/ Steven F. Siegel 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 did the Brixmor Property Group (BRX) Form 4 report for Steven F. Siegel?

The filing reported the vesting and conversion of multiple restricted stock unit (RSU) awards into Brixmor common stock and the related surrender of shares to cover tax withholding obligations on January 1, 2026.

How many Brixmor (BRX) common shares did Steven F. Siegel own after the reported transactions?

After the reported RSU conversions and tax-related share surrenders, Steven F. Siegel beneficially owned 327,893 shares of Brixmor Property Group Inc. common stock directly.

What was the purpose of the share surrenders reported in the Brixmor (BRX) Form 4?

The filing states that the surrendered shares of Brixmor common stock were used to satisfy tax withholding obligations arising from the vesting of restricted stock units.

At what price were Brixmor (BRX) shares valued for the tax withholding transactions?

Shares surrendered to satisfy tax withholding were valued at $26.22 per share in the reported transactions.

How do the Brixmor (BRX) restricted stock units reported convert into common stock?

According to the filing, the restricted stock units convert into Brixmor common stock on a one-for-one basis.

What types of RSUs vested for the Brixmor (BRX) executive on January 1, 2026?

The filing explains that some RSUs were earned based on performance criteria and subject to additional service vesting, while others were service-vesting units, all of which vested on January 1, 2026.

What is Steven F. Siegel’s role at Brixmor Property Group (BRX)?

Steven F. Siegel is identified in the filing as Executive Vice President, General Counsel and Secretary of Brixmor Property Group Inc.
Brixmor Ppty Group Inc

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