Federal Realty Investment Trust Files DEF 14A

TL;DR

<b>Federal Realty Investment Trust has filed its DEF 14A proxy statement.</b>

AI Summary

FEDERAL REALTY INVESTMENT TRUST (FRT-PC) filed a Proxy Statement (DEF 14A) with the SEC on March 22, 2024. Federal Realty Investment Trust filed a DEF 14A form on 2024-03-22. The filing covers the period ending 2024-05-01. The company's IRS number is 520782497. Incorporated in Maryland, the company's fiscal year ends on December 31st. The filing includes data for fiscal years 2020 through 2023.

Why It Matters

For investors and stakeholders tracking FEDERAL REALTY INVESTMENT TRUST, this filing contains several important signals. This filing is a routine disclosure required for public companies, providing shareholders with information about corporate governance and executive compensation. Shareholders can use this information to make informed decisions regarding voting on company matters and director elections.

Risk Assessment

Risk Level: low — FEDERAL REALTY INVESTMENT TRUST shows low risk based on this filing. The filing is a standard DEF 14A, which is a routine disclosure and does not contain new material financial information or significant strategic shifts.

Analyst Insight

Review the executive compensation details and any proposals to be voted on by shareholders to understand potential impacts on corporate governance and shareholder value.

Key Numbers

• 2024-03-22 — Filing Date (Date the DEF 14A was filed)
• 2024-05-01 — Period of Report (The period the filing is reporting on)
• 2023-12-31 — Fiscal Year End (The end date of the company's fiscal year)
• 2023 — Reporting Year (Most recent full fiscal year data included)
• 2022 — Previous Reporting Year (Previous full fiscal year data included)
• 2021 — Prior Year (Year prior to previous full fiscal year)
• 2020 — Prior Year (Year prior to 2021)

Key Players & Entities

• FEDERAL REALTY INVESTMENT TRUST (company) — Filer name
• 909 ROSE AVENUE, SUITE 200 (address) — Business and mailing address
• NORTH BETHESDA (location) — City for business and mailing address
• MD (location) — State for business and mailing address
• 20852 (postal_code) — ZIP code for business and mailing address
• 3019998100 (phone_number) — Business phone number
• 1934 Act (regulation) — SEC Act
• 001-07533 (identifier) — SEC file number

FAQ

Industry Context

Federal Realty Investment Trust operates as a real estate investment trust (REIT), focusing on owning, operating, and redeveloping retail properties.

Regulatory Implications

The DEF 14A filing is a requirement under the Securities Exchange Act of 1934, mandating public companies to provide detailed information to shareholders regarding annual meetings and related matters.

What Investors Should Do

1. Review the proxy statement for details on executive compensation and any shareholder proposals.
2. Analyze the board of directors' recommendations for voting on company matters.
3. Compare executive compensation trends with industry peers if such data is available in the filing.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure. No specific comparative data from a prior filing is immediately apparent in the provided text.

Key Financial Figures

• $2.80 — tion to net income per diluted share of $2.80 included: FFO Per Share Growth FFO
• $6.55 — hare Growth FFO per diluted share* of $6.55 representing growth of 3.6% over 2022 d
• $74.5 million — than 2 million square feet of space and $74.5 million of year 1 revenue Productive Capital I
• $400 million — and advance social equity More than $400 million invested in partnership with Primestor

Filing Documents

• d669267ddef14a.htm (DEF 14A) — 1037KB
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• 0001193125-24-074608.txt (&nbsp;) — 12912KB
• frt-20231231.xsd (EX-101.SCH) — 5KB
• frt-20231231_def.xml (EX-101.DEF) — 4KB
• frt-20231231_lab.xml (EX-101.LAB) — 6KB
• frt-20231231_pre.xml (EX-101.PRE) — 3KB
• d669267ddef14a_htm.xml (XML) — 162KB

Executive Compensation Practices

Executive Compensation Practices 21 Components of Compensation 21 Compensation Setting Process 22 Annual Compensation Decision Making 22 Role of the Compensation Committee 22 Role of Management 22 Role of Independent Compensation Consultant 22 2023 Compensation Decisions 22 Setting 2023 Target Compensation 22 Individual Elements of 2023 Pay 23 2023 NEO Performance Summary 26 Other Compensation Practices and Policies 28 Consideration of Say on Pay Vote 28 No Hedging or Pledging of our Shares 28 Severance and Change-in-Control Arrangements 28 Clawback Policy 28 Share Ownership Guidelines 28 Risk Assessment of Compensation Programs 29 Equity Grant Practices 29 Tax Deductibility of Executive Compensation 29 Health and Welfare Benefits 30 Compensation Committee Report 30 C OMPENSATION T ABLES AND N ARRATIVES 31 Summary Compensation Table 31 Grants of Plan Based Awards Table 32 Outstanding Equity Awards at Fiscal Year End Table 33 Options Exercised and Stock Vested in 2023 34 Non-Qualified Deferred Compensation 34 Potential Payments on Termination of Employment and Change-in-Control 34 CEO Pay Ratio 36 Pay Versus Performance Disclosure 37 Equity Compensation Plan Information 39 P ROPOSAL 3: R ATIFICATION OF I NDEPENDENT R EGISTERED P UBLIC A CCOUNTING F IRM 40 Audit Committee Report 41 B ENEFICIAL O WNERSHIP 42 42 43 I NFORMATION ABOUT THE A NNUAL M EETING 43 Notice of Electronic Availability of Proxy Materials 43 Why You are Receiving These Materials 44 Accessing Materials 44 How to Vote 44 How to Participate in the Annual Meeting 45 Eliminating Duplicative Proxy Materials 46 Solicitation of Proxies 46 Shareholder Proposals for the 2025 Annual Meeting 46 A PPENDIX A A-1 Appendix A – Reconciliation of Non-GA

View Full Filing

View this DEF 14A filing on SEC EDGAR