Company: FRT-PC
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-066328
Chunk: 31

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 31
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204 shares and receiving a cash payment of $124,485 for accrued dividends in 2025 in accordance with his Performance Share Award agreement. Mr. Berkes will also receive a lump sum cash payment from his account under our non-qualifieddeferred compensation plan in accordance with the election made by Mr. Berkes pursuant to our non-qualifieddeferred compensation plan. In addition, effective as of January 1, 2025, the Company and Mr. Berkes entered into a Consulting Agreement whereby Mr. Berkes will provide post-employment services relating to the Company’s acquisition efforts for up to one year and will be paid a percentage of the purchase price for qualifying completed acquisitions as described in more detail in the agreement, a copy of which was filed as Exhibit 10.40 to the Company’s Form 10-Kfor the fiscal year ending December 31, 2024 filed with the SEC on February 13, 2025. Potential Termination Payments to NEOs We have entered into severance agreements with each of our current and former NEOs that require us to make certain payments and provide certain benefits to them in the event of a termination of employment, whether following a change in control of the Company or in connection with other circumstances. Regardless of the reason for an NEO’s termination of employment, he or she will be entitled to receive upon termination a distribution of any amounts in our non-qualifieddeferred compensation plan as described in the “Non-QualifiedDeferred Compensation” section above. No NEO is entitled to receive a new award under the annual bonus plan or our long-term incentive plan for the year in which the termination occurs. The agreements with each of our NEOs contain provisions restricting the executive from engaging in competing behavior and soliciting and/or hiring our employees for a period of time after termination. The payments that will be made to an NEO on termination vary depending on the reason for termination and may be conditioned on the signing of a release in favor of the Company. The amount of compensation payable to each of our NEOs under various termination scenarios is reflected below assuming that the separation of service was effective on December 31, 2024, other than with respect to Mr. Berkes whose compensation reflects the actual amounts paid in connection with his termination.

| Federal Realty  2025 Proxy Statement 34 |

| Name                 
 Donald C. Wood       |     | Type of Compensation     
 Cash Benefits (multiple) |     | For Cause      
 Termination(1) | 6 months |     | Termination