Director at COPT Defense (CDP) sells shares and discloses remaining stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COPT DEFENSE PROPERTIES director Picket t C. Taylor reported an open-market sale of 31,798 Common Shares on May 29, 2026. The shares were sold at a weighted average price of $32.253 per share, with individual sale prices ranging from $31.975 to $32.350, as noted in the filing.
Following the transaction, Taylor directly holds 15,188 Common Shares. In addition, 25,000 Common Shares are owned indirectly through a family trust over which Taylor has investment control, reflecting ongoing equity exposure to the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 31,798 shares ($1,025,581)
Net Sell
2 txns
Insider
PICKETT C TAYLOR
Role
null
Sold
31,798 shs ($1.03M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 31,798 | $32.253 | $1.03M |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 15,188 shares (Direct, null);
Common Shares — 25,000 shares (Indirect, see footnote)
Footnotes (1)
- Represents the weighted average of a range of sale prices from $31.975 to $32.350. The reporting person undertakes to provide to the Staff of the Securities and Exchange Commission, the Company, or any shareholder of the Company, upon request, full information regarding the number of shares sold at each separate price. Shares owned by family trust over which the reporting person has investment control.
Key Figures
Shares sold: 31,798 shares
Weighted average sale price: $32.253 per share
Direct holdings after sale: 15,188 shares
+1 more
4 metrics
Shares sold
31,798 shares
Open-market sale of Common Shares on May 29, 2026
Weighted average sale price
$32.253 per share
Average of sales between $31.975 and $32.350
Direct holdings after sale
15,188 shares
Direct Common Shares held following the transaction
Indirect family trust holdings
25,000 shares
Owned by family trust with Taylor having investment control
Key Terms
weighted average, open-market sale, family trust, indirect ownership
4 terms
weighted average financial
"Represents the weighted average of a range of sale prices from $31.975 to $32.350."
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
family trust financial
"Shares owned by family trust over which the reporting person has investment control."
indirect ownership financial
""ownership_type": "indirect""
FAQ
What did COPT DEFENSE PROPERTIES director Picket t C. Taylor report on this Form 4 for CDP?
Picket t C. Taylor reported an open-market sale of 31,798 COPT DEFENSE PROPERTIES common shares. The transaction occurred on May 29, 2026, and reflects a routine insider disposition with remaining direct and indirect holdings disclosed in the filing.