Compensation award — excluded from discretionary-purchase analysis.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
May 14, 2026
Reporting period
Not applicable
Filed with the SEC
May 18, 2026
DirectorGrant / award
Context
Classification
grant award
Code A — grant or award
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001143567-26-000015
Filed / recorded
May 18, 2026, 9:13 PM UTC
Added to OQRO
Oct 6, 2026, 7:14 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
COPT DEFENSE PROPERTIES
Issuer CIK
860546
Ticker
CDP
Reporting person
C Taylor Pickett
Relationship
Director
Security
Profit Interest Units
Table
Derivative (Table II)
Transaction date
May 14, 2026
Transaction code
A
Shares / units
7,511
Acquired / disposed
Acquired (A)
Shares owned after
39,126
Ownership form
Direct
Amendment
No
Footnotes from the filing
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.
Consists of 3,803 shares received as the equity portion of compensation for his Board service and 3,708 shares received upon the election by the reporting person to receive common shares in lieu of cash for all or part of his annual retainer for Board service, consistent with a policy adopted by the Board with respect to the cash portion of compensation for Board service. By making such election, the reporting person received shares equal to the amount of cash compensation designated by the reporting person divided by the 15-day trailing average price of the common shares as of the grant date.
Received as compensation for Board service.
The Profit Interest Units will vest on the first anniversary of the grant date, provided that the reporting person remains a trustee on such date.
The Profit Interest Units do not expire once vested.