COPT DEFENSE PROPERTIES (CDP) — Insider Trading

AI-Powered SEC Filing Analysis

Latest Insider Trading Filed: 2026-05-14

Key Insights

Director Robert L. Denton redeemed 500 common units of COPT Defense Properties L.P. on 05/13/2026, receiving cash payment based on the 10-day average closing price ($31.338 per unit), totaling approximately $15,669 in proceeds.
This transaction represents a reduction in the reporting person's beneficial ownership through a redemption rather than open market sale, which is a neutral technical adjustment rather than an expression of market sentiment about the company's prospects.
Following the redemption, Denton retains 142,764 common shares in direct beneficial ownership, indicating continued material investment in the company despite the partial unit redemption.

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Earlier Insider Trading filings

Filed: 2026-04-30

Director Robert L. Denton redeemed 1,000 common units of COPT Defense Properties L.P. on 04/29/2026, electing to receive cash rather than convert to common shares, based on the 10-day average closing price of approximately $32.22 per unit.
The redemption represents a reduction in the insider's partnership interest and suggests the reporting person prioritized liquidity over equity ownership retention during this period.
Following the transaction, Denton maintains 143,264 common shares of beneficial interest, indicating he retains a meaningful ownership stake despite the partial redemption of his partnership units.

Filed: 2026-03-04

The reporting person, Robert L. Denton, who is a director of COPT Defense Properties (CDP), redeemed 2,000 common units of limited partnership interest (Common Units) in the company's operating partnership for cash.
The redemption of the Common Units suggests that the reporting person may have liquidated a portion of their position in the company, potentially for personal or investment reasons.
The transaction was executed at the 10-day average closing price of the company's common shares on the New York Stock Exchange, indicating a fair market value was used for the redemption.

Filed: 2026-03-03

The reporting person, Stephen E. Budorick, is the President and CEO of COPT Defense Properties (CDP), indicating his significant role in the company's management.
Budorick acquired 61,114 Profit Interest Units in CDP, which can be converted into common shares or OP Units, representing an increase in his beneficial ownership of the company.
The Profit Interest Units will vest over a three-year period, aligning Budorick's incentives with the long-term performance of the company.

Filed: 2026-03-03

The reporting person, Britt A. Snider, acquired 11,203 common shares and 3,734 profit interest units in COPT Defense Properties, indicating potential confidence in the company's outlook.
The profit interest units will vest over a three-year period, suggesting a long-term commitment by the reporting person to the company's success.
The reported transaction represents a direct purchase of the company's securities, which can be seen as a positive signal to investors regarding the reporting person's beliefs about the company's future performance.

Filed: 2026-03-03

The reporting person, Anthony Mifsud, acquired 8,149 common shares of COPT Defense Properties (CDP) as part of his compensation as Executive Vice President and CFO.
The reporting person also received 8,149 Profit Interest Units (PIUs) under the company's 2017 Omnibus Equity and Incentive Plan, which will vest over a three-year period.
The insider acquisition of common shares and PIUs suggests the reporting person has confidence in the company's future performance and aligns their interests with shareholders.

Filed: 2026-03-03

The reporting person, Matthew T. Myers, is an SVP-CAO & Controller at COPT Defense Properties, indicating an insider transaction.
Myers acquired 2,390 common shares of COPT Defense Properties on March 1, 2026, likely as part of his compensation.
Myers also disposed of a total of 950 common shares through multiple transactions on the same day, potentially for tax or liquidity purposes.

Filed: 2026-02-24

COPT DEFENSE PROPERTIES (CDP) director Philip L. Hawkins sold 5,536 shares of the company's common stock on February 23, 2026 at a weighted average price of $32.7132.
Hawkins continues to directly hold 15,188 shares of CDP after the reported transaction, indicating he still maintains a significant stake in the company.
Insider selling can sometimes signal that the insider believes the stock is overvalued or that they need to raise cash for personal reasons, though a single transaction does not necessarily imply a negative outlook.

Filed: 2026-02-11

The reporting person, Robert L. Denton, redeemed 2,000 common units of limited partnership interest (Common Units) of COPT Defense Properties, L.P., for cash based on the 10-day average closing price of the issuer's common shares.
This transaction suggests that Denton, who is a director of the issuer, may be reducing his stake in the company, potentially for personal reasons or portfolio rebalancing.
The conversion of the Common Units into cash indicates the issuer's flexibility in managing its capital structure and providing liquidity to its unit holders.

Filed: 2026-02-06

The reporting person, Anthony Mifsud, acquired 55,217 profit interest units in COPT Defense Properties, which will convert to common shares upon vesting and equalization of the capital account.
The acquisition of the profit interest units indicates that the reporting person, who is the EVP and CFO, has increased their beneficial ownership in the company.
The profit interest units were granted under the company's 2017 Omnibus Equity and Incentive Plan, suggesting an alignment of the reporting person's interests with those of the company and its shareholders.

Filed: 2026-02-06

Stephen E. Budorick, the President and CEO of COPT Defense Properties, acquired 179,704 Profit Interest Units in the company on February 5, 2026. This suggests he is bullish on the company's prospects and is increasing his stake.
The Profit Interest Units acquired by Budorick will convert into common shares of COPT Defense Properties on a one-for-one basis, indicating he is directly increasing his economic interest in the company.
Budorick's position as both a Director and the President/CEO of COPT Defense Properties gives him significant influence over the company's strategic direction, so his increased ownership is an important signal to investors.

Filed: 2025-12-29

The reporting person, Robert L. Denton, redeemed 500 common units of COPT Defense Properties, L.P., which were converted into cash based on the 10-day average closing price of the issuer's common shares.
Denton, who serves as a director of the issuer, continues to hold a substantial position of 148,264 common units, suggesting ongoing confidence in the company.
The redemption of a portion of Denton's holdings does not appear to be a significant event and may simply be a personal liquidity decision rather than a shift in his investment strategy.

Other reports for COPT DEFENSE PROPERTIES

Quarterly Report Current Report Annual Report

Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.