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
Mar 1, 2026
Reporting period
Not applicable
Filed with the SEC
Mar 3, 2026
CEOGrant / 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
0001169452-26-000004
Filed / recorded
Mar 3, 2026, 10:07 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
Stephen E Budorick
Relationship
Director, Officer
Officer title
PRESIDENT/CEO
Security
Profit Interest Units
Table
Derivative (Table II)
Transaction date
Mar 1, 2026
Transaction code
A
Shares / units
61,114
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
1,124,411
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.
Represents Profit Interest Units issued pursuant to the COPT Defense Properties 2017 Omnibus Equity and Incentive Plan.
The Profit Interest Units will vest in three equal installments over a three-year period.