COPT Defense (NYSE: CDP) grants COO shares and profit units

Rhea-AI Filing Summary

COPT Defense Properties EVP & COO Britt A. Snider received equity awards as part of employment compensation. The grants included 3,734 Profit Interest Units and 11,203 common shares, both at a stated price of $0.0000 per unit or share.

The Profit Interest Units were issued under the COPT Defense Properties 2017 Omnibus Equity and Incentive Plan and will vest in three equal installments over a three-year period. Once vested and capital accounts are equalized, each Profit Interest Unit automatically converts into one OP Unit, which can be redeemed for cash or, at the company’s option, exchanged one-for-one for common shares.

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

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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^*

Snider Britt A.

(Last) (First) (Middle)

6711 COLUMBIA GATEWAY DRIVE

SUITE 300

(Street)

COLUMBIA MD 21046

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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

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

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

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	03/01/2026		A		11,203	A	(1)	14,203	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
Profit Interest Units	(2)	03/01/2026		A		3,734(3)		(2)(4)	(2)	Common Shares	3,734	(1)	56,529	D

Explanation of Responses:

1. Received as employment compensation.

2. Each Profit Interest Unit will convert automatically into one share of beneficial interest, designated as a unit (an "OP Unit"), in COPT Defense Properties, L.P. when such Profit Interest Unit becomes vested and upon equalization of its capital account balance. OP Units are redeemable for cash, or, at the option of COPT Defense Properties, exchangeable for common shares of COPT Defense Properties, currently on a one-for-one basis.

3. Represents Profit Interest Units issued pursuant to the COPT Defense Properties 2017 Omnibus Equity and Incentive Plan.

4. The Profit Interest Units will vest in three equal installments over a three-year period.

	/s/ David L. Finch, by Power of Attorney	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did COPT Defense Properties EVP & COO Britt A. Snider receive in this Form 4 for CDP?

Britt A. Snider received equity compensation consisting of 3,734 Profit Interest Units and 11,203 common shares at a stated price of $0.0000 each. These awards increase her direct equity-based interests in COPT Defense Properties.

How do the Profit Interest Units reported for CDP in this filing work?

Each Profit Interest Unit converts automatically into one OP Unit once vested and capital accounts are equalized. OP Units are then redeemable for cash or, at COPT Defense Properties’ option, exchangeable one-for-one into common shares, providing potential future share ownership.

Over what period do Britt A. Snider’s Profit Interest Units in COPT Defense Properties vest?

The Profit Interest Units vest in three equal installments over a three-year period. This structure ties the long-term incentive compensation to continued service and performance over multiple years rather than a single date.

Were the equity awards to Britt A. Snider open-market purchases of CDP stock?

No, the equity reported was acquired as employment compensation under a grant or award. The 3,734 Profit Interest Units and 11,203 common shares were issued at a stated $0.0000 price, rather than being bought in the open market.

Which plan authorized the Profit Interest Units granted to the COPT Defense EVP & COO?

The Profit Interest Units were issued under the COPT Defense Properties 2017 Omnibus Equity and Incentive Plan. This plan governs the company’s equity-based compensation, including grants of units that can ultimately convert into OP Units and common shares.

What is Britt A. Snider’s direct ownership after the common share grant reported for CDP?

After the grant of 11,203 common shares reported in this filing, Britt A. Snider directly holds 14,203 common shares. This figure reflects her direct non-derivative share ownership following the award transaction on the reported date.