Brixmor Property Group Inc. filings document the reporting framework for a public shopping-center REIT and its operating partnership, Brixmor Operating Partnership LP. The company’s 8-K reports furnish operating results, supplemental disclosures, capital actions, share repurchase authorization, leadership changes, and other material events tied to its open-air retail-center portfolio.
Proxy and annual-meeting filings describe board elections, executive compensation, governance practices, shareholder voting matters, and related stockholder proposals. The filings also provide capital-structure context for BRX common stock, REIT distributions, and the operating partnership through which Brixmor owns and manages its retail real estate assets.
Bowerman Julie reported open-market sale transactions in a Form 4 filing for BRX. The filing lists transactions totaling 8,000 shares at a weighted average price of $29.03 per share. Following the reported transactions, holdings were 18,400 shares.
Brixmor Property Group Inc. (BRX) is a U.S. shopping center REIT that operates through Brixmor Operating Partnership, owning one of the largest open-air retail portfolios. As of December 31, 2025, the company owned 348 centers totaling about 63 million square feet of gross leasable area, 95.1% leased with billed occupancy of 91.6% and average base rent of $18.77 per square foot.
The portfolio is heavily grocery‑anchored, with 81% of annualized base rent from grocery‑anchored centers and 72% of rent in the top 50 U.S. metro areas. In 2025 Brixmor executed 512 new leases and 1,453 total leases, achieving new lease rent spreads of 38.7% and blended new and renewal spreads of 21.7%. It also stabilized $183.3 million of reinvestment projects at a 10% incremental NOI yield and had $336.4 million of additional projects in process.
During 2025 Brixmor acquired $420.6 million of assets and generated $289.2 million of disposition proceeds, funding reinvestment and acquisitions. The company maintains an investment‑grade balance sheet, with about $5.5 billion of debt outstanding, $1.61 billion of liquidity (including $1.25 billion under its revolver and $361.5 million of cash and restricted cash), and $607.5 million of 2026 debt maturities. It issued $800 million of senior notes and fully repaid $632.3 million of 3.850% notes due 2025.
Brixmor Property Group Inc. reported stronger results for the fourth quarter and full year 2025. Net income attributable to common shareholders rose to $0.44 per diluted share in Q4 from $0.27 a year earlier, and to $1.25 for 2025 from $1.11 in 2024.
Nareit FFO increased to $0.58 per diluted share in Q4 and $2.25 for the year. Same property NOI grew 6.0% in Q4 and 4.2% for 2025, helped by rent spreads of 24.2% on new and renewal leases and record small shop occupancy of 92.2%.
The company completed $416.8 million of acquisitions and $296.5 million of dispositions in 2025, stabilized $183.3 million of reinvestment projects, and ended the year with $1.6 billion of liquidity and net principal debt to adjusted EBITDA of 5.4x (current quarter annualized). The Board declared a quarterly dividend of $0.3075 per share. For 2026, Brixmor expects Nareit FFO of $2.33–$2.37 per diluted share and same property NOI growth of 4.50%–5.50%.
State Street Corporation has reported a passive 5% ownership stake in Brixmor Property Group Inc.’s common stock. As of December 31, 2025, State Street is deemed to beneficially own 15,201,587 shares, representing 5% of the class.
The firm reports shared voting power over 12,742,935 shares and shared dispositive power over 15,201,587 shares, with no sole voting or dispositive power. The filing states the shares are held in the ordinary course of business and are not intended to change or influence control of Brixmor.
Brixmor Property Group Inc. reported an equity award for senior executive Kevin Brydzinski, its Senior Vice President and Chief Accounting Officer. On February 4, 2026, he received 3,246 Restricted Stock Units at a price of $0 per unit, each convertible into one share of common stock.
The RSUs vest ratably over three years beginning January 1, 2027, meaning portions of the award will settle into shares over that period. Following this grant, Brydzinski directly beneficially owned 13,046 shares of common stock.
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.
Brixmor Property Group Inc. executive Mark Horgan reported equity compensation activity and related tax withholding. On February 4, 2026, the EVP and Chief Investment Officer received multiple grants of restricted stock units (RSUs) that each convert into common stock on a one-for-one basis.
He also acquired shares of common stock upon RSU vesting and surrendered a portion of those shares back to the company at $27.73 per share to cover tax withholding obligations. Following these transactions, he directly held a little over 400,000 shares of Brixmor common stock and new RSU awards that vest between January 1, 2027 and subsequent years, subject to performance and time-based conditions.
Brixmor Property Group Executive Vice President, Chief Financial Officer and Treasurer Steven T. Gallagher reported multiple equity compensation transactions dated February 4, 2026. He acquired 5,624 shares of common stock and later 528 shares at no cost upon vesting of restricted stock units (RSUs), then surrendered 1,602 and 151 shares at $27.73 per share to cover tax withholding. Following these moves, he directly held 65,512 common shares.
Gallagher was also granted new RSU awards. One performance-based RSU grant of 5,626 units will convert into common stock on a one-for-one basis, with 2,813 units scheduled to vest on January 1, 2027 and 2,813 on January 1, 2028. An additional outperformance-based RSU award of 528 units is set to vest in two equal installments of 264 units on the same dates. A further grant of 12,982 RSUs will vest ratably over three years beginning January 1, 2027.
Brixmor Property Group Inc. reported equity compensation and related tax-withholding transactions for Executive Vice President, General Counsel and Secretary Steven F. Siegel on February 4, 2026.
Siegel acquired 20,252 shares of common stock and later an additional 1,902 shares, tied to vesting of previously granted restricted stock units (RSUs). To cover tax withholding on these vestings, 10,339 shares and 971 shares of common stock were surrendered to the company at $27.73 per share. After these transactions, Siegel directly held 338,737 shares of common stock.
On the derivative side, he was credited with 20,256 performance-based RSUs and 1,902 outperformance-based RSUs, which convert into common stock on a one-for-one basis and are subject to additional time-based vesting, including scheduled vesting on January 1, 2027 and January 1, 2028. He also received 12,982 additional RSUs that vest ratably over three years beginning January 1, 2027.
Brixmor Property Group Inc. executive reports RSU vesting and tax share withholding. The EVP and Chief Investment Officer reported multiple transactions on January 1, 2026, primarily the conversion of restricted stock units (RSUs) into common stock and related share surrenders for taxes.
Several RSU awards vested and were converted into Brixmor common stock on a one-for-one basis, including one grant covering 13,948 shares. To cover tax withholding obligations upon these vestings, the executive surrendered blocks of common shares back to the company at a price of $26.22 per share.
After the reported transactions, the executive directly beneficially owned 386,169 shares of Brixmor common stock. The derivative table shows the corresponding reduction in RSU balances as they were settled into common shares on the same date.