Brixmor (NYSE: BRX) EVP reports RSU vesting and tax share surrender
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
49,944 shares exercised/converted
Mixed
24 txns
Insider
SIEGEL STEVEN F
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,633 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,264 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,266 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,160 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,582 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,072 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,348 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,619 | $0.00 | -- |
| Exercise | Common Stock | 11,633 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,706 | $26.22 | $150K |
| Exercise | Common Stock | 6,264 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,067 | $26.22 | $80K |
| Exercise | Common Stock | 6,266 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,406 | $26.22 | $89K |
| Exercise | Common Stock | 7,160 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,512 | $26.22 | $92K |
| Exercise | Common Stock | 3,582 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,757 | $26.22 | $46K |
| Exercise | Common Stock | 5,072 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,406 | $26.22 | $63K |
| Exercise | Common Stock | 5,348 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,604 | $26.22 | $68K |
| Exercise | Common Stock | 4,619 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,250 | $26.22 | $59K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 314,290 shares (Direct)
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 number of shares earned based upon performance criteria and subject to additional service vesting that vested on January 1, 2026. Represents the number of service-vesting units that vested on January 1, 2026.
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 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.