Brixmor (BRX) director Julie Bowerman receives 3,976-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brixmor Property Group Inc. director Julie Bowerman received an award of 3,976 shares of common stock as restricted stock, recorded at a price of $0.00 per share. This is a compensation-related grant rather than an open-market purchase.
Following this award, Bowerman directly holds 22,424 shares of Brixmor common stock. Her position also includes shares previously acquired through the company’s Dividend Reinvestment and Direct Stock Purchase Plan in transactions exempt from Section 16 under Rule 16a-11.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bowerman Julie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,976 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,424 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: $0.00 per share
Shares held after grant: 22,424 shares
3 metrics
Restricted stock grant
3,976 shares
Award of restricted common stock on 2026-04-22
Grant price
$0.00 per share
Reported transaction price for restricted stock award
Shares held after grant
22,424 shares
Total direct Brixmor common stock held by Bowerman after transaction
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
"exempt from Section 16 ... pursuant to Rule 16a-11 under the Exchange Act"
FAQ
What did Brixmor (BRX) director Julie Bowerman report in this Form 4?
Julie Bowerman reported receiving 3,976 shares of Brixmor common stock as a restricted stock award. This grant is compensation-related with no cash paid, and it increases her direct ownership stake in the company’s shares.
What does the footnote about Brixmor’s Dividend Reinvestment Plan mean for this Form 4?
The footnote explains that Bowerman’s holdings include shares acquired through Brixmor’s Dividend Reinvestment and Direct Stock Purchase Plan. Those acquisitions were exempt from Section 16 reporting under Rule 16a-11, but the total is now reflected in her reported direct ownership.
Is this Brixmor (BRX) Form 4 transaction a buy or a grant for Julie Bowerman?
The transaction is a grant, not a market buy. The Form 4 code “A” and description identify it as a grant or award acquisition, specifically an award of restricted stock to director Julie Bowerman as part of her compensation.