BRANDYWINE REALTY TRUST — Director's Dealing 2024

Feb 2, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRANDYWINE REALTY TRUST (BDN)
CIK: 0000790816
Period of Report: 2024-01-31

Reporting Person: SWEENEY GERARD H (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-01-31	Common Shares of Beneficial Interest	F	10559	$4.74	Disposed	1862307	Direct
2024-02-01	Common Shares of Beneficial Interest	M	105062	$4.4	Acquired	1967369	Direct
2024-02-01	Common Shares of Beneficial Interest	F	47443	$4.4	Disposed	1919926	Direct

Footnotes

F1: Reflects common shares withheld to satisfy payroll taxes due with respect to a scheduled distribution from the Company's deferred compensation plan.

F2: This filing also reports in the ending balance 13,361.54 additional common shares acquired under the Company's Dividend Reinvestment Plan(DRIP). Under the DRIP, 4,666.93 shares were acquired on July 20, 2023 at a transaction price of $4.9571 per share, 4,594.03 shares were acquired on October 18, 2023 at a transaction price of $4.2313 per share and 4,100.58 shares were acquired on January 18, 2024 at a transaction price of $5.0345 per share.

F3: This filing also reports in the ending balance of shares owned, 6,608.07 additional common shares acquired under the Company's Employee Share Purchase Plan (ESPP). The ESPP shares were purchased following the Reporting Person's last Section 16 filing. Under the ESPP,3,164.55 shares were acquired on September 7, 2023 at a transaction price of $3.95 per share and 3,443.52 shares were acquired on December 8, 2023 at a transaction price of $3.63 per share.

F4: Reflects the delivery of common shares under the reporting person's 2021-2023 Restricted Performance Share Unit Award

F5: Reflects common shares withheld to satisfy payroll taxes due upon delivery of common shares under the reporting person's 2021-2023 Restricted Performance Share Unit Award.