Welcome to our dedicated page for Copt Defense Properties SEC filings (Ticker: CDP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
COPT Defense Properties filings document the reporting obligations of a Maryland REIT and its operating partnership, COPT Defense Properties, L.P., including results of operations, property-level supplements and capital-structure activity. Recurring 8-K reports attach earnings releases and supplemental information covering consolidated financial statements, FFO, adjusted FFO, EBITDAre, segment revenue, NOI, Cash NOI, occupancy, leasing and property groupings.
Other CDP filings cover proxy governance, executive compensation, change-in-control and severance arrangements, material agreements, unsecured credit facilities, term loans, senior notes issued by the operating partnership and guarantees by the REIT. Registration and debt-related filings describe indentures, prospectus materials, direct financial obligations and related risk-factor disclosure for the company’s defense-focused real estate portfolio.
Vanguard Portfolio Management LLC filed a Schedule 13G reporting a passive ownership stake in COPT Defense Properties common stock. Vanguard reports beneficial ownership of 11,531,763 shares, representing 10.18% of the outstanding common stock.
Vanguard has shared voting power over 44,593 shares and shared dispositive power over 11,531,763 shares, with no sole voting or dispositive power. The filing states the shares are held in the ordinary course of business and not to change or influence control of the company.
Vanguard Portfolio Management LLC filed a Schedule 13G reporting a passive ownership stake in COPT Defense Properties common stock. Vanguard reports beneficial ownership of 11,531,763 shares, representing 10.18% of the outstanding common stock.
Vanguard has shared voting power over 44,593 shares and shared dispositive power over 11,531,763 shares, with no sole voting or dispositive power. The filing states the shares are held in the ordinary course of business and not to change or influence control of the company.
Vanguard Portfolio Management LLC filed a Schedule 13G reporting a passive ownership stake in COPT Defense Properties common stock. Vanguard reports beneficial ownership of 11,531,763 shares, representing 10.18% of the outstanding common stock.
Vanguard has shared voting power over 44,593 shares and shared dispositive power over 11,531,763 shares, with no sole voting or dispositive power. The filing states the shares are held in the ordinary course of business and not to change or influence control of the company.
COPT Defense Properties entered into new 2026 Letter Agreements with its President and CEO Stephen Budorick, COO Britt Snider, and CFO Anthony Mifsud that govern their participation in the company’s Second Amended & Restated Executive Change in Control and Severance Plan.
The agreements set five-year participation periods, after which the executives will no longer be covered unless all parties agree otherwise. If an executive is terminated without cause or is constructively discharged during the participation period, they may receive cash severance, a pro-rated bonus, accelerated vesting of time-based equity awards, extended stock option exercise rights and continued health benefits.
Budorick’s severance multiple is 2.00, or 2.99 if the termination occurs within six months before or 24 months after a change in control. Snider’s and Mifsud’s severance multiple is 1.00, or 2.99 in the same change in control window. Budorick’s continuation health coverage period is two years, while Snider and Mifsud have one year.
COPT Defense Properties reported that one of its directors redeemed 500 common units of limited partnership interest in COPT Defense Properties, L.P. on 12/23/2025. These common units are convertible into an equal number of the company’s common shares of beneficial interest or, at the company’s election, into cash equal to the fair market value of those shares.
For this transaction, the issuer elected to pay cash for the 500 common units, using the 10-day average closing price of its common shares on the New York Stock Exchange. The common units have a conversion price of $29.019, are convertible upon issuance, and have no expiration date. Following the reported transaction, the director beneficially owned 148,264 derivative securities on a direct basis.
COPT Defense Properties director reports partnership unit redemption and cash settlement. A reporting person serving as a director of COPT Defense Properties (ticker CDP) converted 1,500 Common Units of limited partnership interest in COPT Defense Properties, L.P. on 12/03/2025. These Common Units are convertible into an equal number of the company’s common shares or, at the company’s election, into cash equal to the fair market value of those shares. For this transaction, the company chose to pay cash based on the 10-day average closing price of its common shares on the New York Stock Exchange. Following the transaction, the reporting person beneficially owned 148,764 common shares, held directly. The Common Units are convertible upon issuance and have no expiration date.
COPT Defense Properties reported an insider transaction by its SVP-CAO & Controller on 12/01/2025. The officer disposed of 250 common shares in a transaction coded "F" at a price of $30.73 per share.
After this transaction, the officer beneficially owned 9,560 common shares, held directly. The filing is a routine Form 4 reporting a change in insider ownership and does not describe any broader corporate events or changes to the company’s operations.
AllianceBernstein L.P. filed an amended Schedule 13G reporting beneficial ownership in COPT Defense Properties (CDP). The firm reported 8,457,373 shares, representing 7.5% of the class as of 09/30/2025. It holds 7,268,115 shares with sole voting power, 0 with shared voting power, 8,365,717 with sole dispositive power, and 91,656 with shared dispositive power.
The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. AllianceBernstein notes it operates under independent management from its majority owner, Equitable Holdings, Inc., which reports beneficial ownership separately.
COPT Defense Properties (CDP) reported an insider transaction by its EVP and CFO. On 11/12/2025, the officer received 17,400 Common Units-CDPLP in a transaction coded G, with a stated price of $0. Each Common Unit is convertible into one common share of the issuer or cash at the issuer’s election.
Following the transaction, the officer reported 223,008 derivative securities beneficially owned, held directly. The filing notes these units were received upon conversion of previously reported Profit Interest Units granted as employment compensation.
COPT Defense Properties reported Q3 2025 results with net income of $43.7 million and diluted EPS of $0.37. Total revenues were $188.8 million, including lease revenue of $178.3 million as fixed and variable rents both increased year over year. Net operating income from real estate operations rose to $111.8 million, reflecting steady performance across its Defense/IT portfolio.
Year-to-date, net cash provided by operating activities was $228.6 million. Debt, net, was $2.44 billion, with a maturity schedule that includes $717.2 million in 2026, notably the $400 million 2.25% notes due March 2026 and a term loan maturing in January 2026. The company declared a quarterly dividend of $0.305 per common share. Shares outstanding were 112,950,359 as of September 30, 2025; as of October 23, 2025, 113,210,594 common shares were issued and outstanding.
COPT Defense Properties (CDP) reported an insider transaction involving a director. On 11/03/2025, the reporting person converted 2,500 Common Units of limited partnership interest in COPT Defense Properties, L.P.
The issuer, as general partner, elected to pay cash upon conversion, calculated using the 10-day average closing price of CDP common shares on the NYSE. The Common Units are convertible upon issuance and have no expiration date. Following the reported transaction, the filer reported 150,264 derivative securities beneficially owned (direct).
COPT Defense Properties furnished an update on its business by issuing a press release with financial results for the period ended September 30, 2025. The company also made supplemental property and operations information available, both provided as Exhibit 99.1.
The information, including the exhibits, is designated as furnished and not deemed “filed” under the Exchange Act, and it is not incorporated by reference into Securities Act or Exchange Act filings.
COPT Defense Properties furnished an update on its business by issuing a press release with financial results for the period ended September 30, 2025. The company also made supplemental property and operations information available, both provided as Exhibit 99.1.
The information, including the exhibits, is designated as furnished and not deemed “filed” under the Exchange Act, and it is not incorporated by reference into Securities Act or Exchange Act filings.