Quarterly report [Sections 13 or 15(d)]

Share-Based Compensation (Tables)

v3.26.1
Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Share and TB-PIU Activity
The table below presents restricted shares activity under our share-based compensation plan for the six months ended June 30, 2026:
Number of Shares Weighted Average Grant Date Fair Value
Unvested as of December 31, 2025
434,754  $ 26.56 
Granted 261,556  $ 31.76 
Forfeited (11,419) $ 27.33 
Vested (154,294) $ 25.99 
Unvested as of June 30, 2026
530,597  $ 29.27 
The table below presents TB-PIUs activity under our share-based compensation plan for the six months ended June 30, 2026:
Number of TB-PIUs Weighted Average Grant Date Fair Value
Unvested as of December 31, 2025
235,903  $ 26.08 
Granted 100,583  $ 31.75 
Vested (120,301) $ 26.06 
Unvested as of June 30, 2026
216,185  $ 28.73 
Schedule of Payouts for Performance-Based Awards
The number of earned awards following the end of the performance period will be determined based on the percentile rank of COPT Defense’s total shareholder return (“TSR”) relative to a peer group of companies, as presented in the following schedule:
Percentile Rank Earned Award Payout %
75th or greater
200% of target award
50th (target)
100% of target award
25th
50% of target award
Below 25th
0% of target award