COPT Defense Properties (CDP) director granted 3,803 restricted shares as trustee pay

Rhea-AI Filing Summary

DENTON ROBERT L reported acquisition or exercise transactions in this Form 4 filing.

COPT Defense Properties director Robert L. Denton received a grant of 3,803 common shares as part of his annual trustee compensation. These restricted shares were awarded at no cash cost and will vest one year from the grant date. Following this grant, he directly holds 7,725 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider DENTON ROBERT L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	3,803	$0.00	--

Holdings After Transaction: Common Shares — 7,725 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted share grant: 3,803 shares Grant price: $0.00 per share Shares owned after grant: 7,725 shares +1 more

4 metrics

Restricted share grant 3,803 shares Common shares granted as annual trustee compensation

Grant price $0.00 per share Reported transaction price for restricted share award

Shares owned after grant 7,725 shares Total direct common share holdings after transaction

Vesting period One year Restricted shares vest one year from grant date

Key Terms

restricted shares, annual trustee compensation, vest, grant, award, or other acquisition

4 terms

restricted shares financial

"These restricted shares were granted as part of annual trustee compensation"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

annual trustee compensation financial

"granted as part of annual trustee compensation and will vest"

vest financial

"will vest in one year from the grant date"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DENTON ROBERT L

(Last) (First) (Middle)

6711 COLUMBIA GATEWAY DRIVE

SUITE 300

(Street)

COLUMBIA MARYLAND 21046

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
COPT DEFENSE PROPERTIES [ CDP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	05/14/2026		A		3,803	A	(1)	7,725	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These restricted shares were granted as part of annual trustee compensation and will vest in one year from the grant date.

Remarks:

	/s/ David L. Finch, by Power of Attorney	05/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did CDP director Robert L. Denton report in this Form 4?

Robert L. Denton reported receiving a grant of 3,803 restricted common shares of COPT Defense Properties. The award is classified as annual trustee compensation and increases his direct holdings to 7,725 common shares after the transaction.

Was the CDP Form 4 transaction by Robert L. Denton a market purchase or sale?

The transaction was not a market purchase or sale. It was a grant of 3,803 restricted common shares as compensation, reported with code A for grant or award, at a stated price of $0.00 per share.

When do Robert L. Denton’s new CDP restricted shares vest?

The 3,803 restricted shares granted to Robert L. Denton will vest one year from the grant date. Until vesting, the shares are restricted, aligning his compensation with ongoing service as a trustee of COPT Defense Properties.

How many COPT Defense Properties shares does Robert L. Denton own after this grant?

After the grant, Robert L. Denton directly holds 7,725 common shares of COPT Defense Properties. This total includes the newly awarded 3,803 restricted shares reported in the Form 4 insider transaction filing.

What does transaction code A mean in the CDP Form 4 for Robert L. Denton?

Transaction code A on the Form 4 indicates a grant, award, or other acquisition. For Robert L. Denton, it reflects 3,803 restricted common shares received as annual trustee compensation, rather than an open-market trade in COPT Defense Properties stock.