[144] COPT DEFENSE PROPERTIES SEC Filing

Rhea-AI Filing Summary

Form 144 filing for COPT Defense Properties (CDP) reports a proposed sale of 4,896 shares of the company’s common stock through Morgan Stanley Smith Barney LLC on approximately 09/17/2025. The filing shows an aggregate market value of $150,405.12 for the shares and lists total outstanding shares of 112,927,513, placing the proposed sale at a vanishingly small percentage of the outstanding float.

The shares were acquired as restricted stock from the issuer on 10/02/2018 (1,464 shares) and 05/11/2020 (3,432 shares). The filer reports no sales of issuer securities in the past three months. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.

Insights

Financial Analyst

TL;DR: Small insider sale reported; transaction size is immaterial relative to outstanding shares and unlikely to affect the capital structure.

The filing documents a proposed sale of 4,896 shares valued at $150,405.12 via Morgan Stanley Smith Barney LLC, representing a negligible fraction of the 112,927,513 outstanding shares. The shares were granted as restricted stock in 2018 and 2020 and there were no reported sales in the prior three months. From a market-impact perspective, this is routine insider liquidity and not material to valuation or control.

Corporate Governance Expert

TL;DR: Routine compliance filing under Rule 144; disclosures align with required provenance and broker information.

The notice provides required provenance details (dates and nature of acquisition: restricted stock) and specifies the executing broker and approximate sale date. The signer affirms absence of undisclosed material adverse information, consistent with Form 144 attestations. No indications of unusual governance events or clustered insider dispositions appear in this filing alone.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	4896	150405.12	112927513	09/17/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/11/2020	Restricted Stock	Issuer			3432	05/11/2020	Not Applicable
Common	10/02/2018	Restricted Stock	Issuer			1464	10/02/2018	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the CDP Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 4,896 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $150,405.12 and an approximate sale date of 09/17/2025.

How many outstanding shares does COPT Defense Properties report in this filing?

The filing lists 112,927,513 shares outstanding.

When and how were the shares being sold originally acquired?

The shares were acquired as restricted stock from the issuer on 10/02/2018 (1,464 shares) and 05/11/2020 (3,432 shares).

Has the filer sold any issuer securities in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

Who is the executing broker named in the Form 144?

The executing broker is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza 8th Floor, New York NY 10004.