CDP Form 144 Notice: 3,000 Common Shares via William Blair on NYSE
Rhea-AI Filing Summary
COPT Defense Properties (CDP) notice reports a proposed sale of 3,000 common shares through William Blair on the NYSE with an approximate aggregate market value of $91,560. The shares represent a small fraction of the 112,927,513 outstanding shares and are scheduled for sale on 09/17/2025. The filer states the shares were acquired in the open market on 11/30/2017 for cash and that there were no sales in the past three months. The filing includes the standard signature representation that the seller is not aware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: A small, routine insider sale of 3,000 shares scheduled via broker; not material to company capitalization.
The filing notifies the market of a proposed sale of 3,000 common shares valued at $91,560 to be executed on 09/17/2025 through William Blair on the NYSE. The shares were acquired in the open market on 11/30/2017 and paid in cash. With 112,927,513 shares outstanding, this transaction is immaterial to overall share count and likely will not affect trading liquidity or valuation. The filer reports no related sales in the prior three months, and the notice includes the required representation regarding undisclosed material information.
TL;DR: Filing meets Rule 144 disclosure elements; no compliance red flags present in provided text.
The Form 144 includes required broker identification, intended sale date, acquisition history, consideration (cash), and a signature representation. Key identifying filer details (CIK/individual contact) are not present in the supplied excerpt, but the substantive sale details are complete: 3,000 shares, acquired 11/30/2017, to be sold 09/17/2025. There are no reported sales in the past three months, which is consistent with a routine Rule 144 notice. No statements in the filing indicate noncompliance or material undisclosed information.