Company: FRT-PC
Filing Date: 2025-02-14
Form Type: 424B5
Source: 0001193125-25-026560
Chunk: 35

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-02-14
Form: 424B5
Chunk 35
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 preferred shares; |

| • |     | any listing of those preferred shares on any securities exchange; |

| • |     | the terms and conditions, if applicable, upon which those preferred shares will be convertible into common shares 
 or any of our other securities, including the conversion price or rate (or manner of calculation thereof);        |

| • |     | the relative ranking and preference of those preferred shares as to dividend rights and rights upon liquidation, 
 dissolution or the winding up of our affairs;                                                                    |

| • |     | any limitations on issuance of any series of preferred shares ranking senior to or on a parity with that series      
 of preferred shares as to dividend rights and rights upon liquidation, dissolution or the winding up of our affairs; |

| • |     | the procedures for any auction and remarketing, if any, for those preferred shares; |

| • |     | any other specific terms, preferences, rights, limitations or restrictions of those preferred shares; |

| • |     | a discussion of any additional federal income tax consequences applicable to those preferred shares; and |

| • |     | any limitations on direct or beneficial ownership and restrictions on transfer in addition to those described in                   
 “— Restrictions on Ownership and Transfer of Company Shares,” in each case as may be appropriate to preserve our status as a REIT. |

The terms of any preferred shares we issue through this prospectus will be set forth in articles supplementary to our declaration of trust or in an amendment to our declaration of trust. We will file the articles supplementary or any such amendment as an exhibit to the registration statement that includes this prospectus, or as an exhibit to a filing with the SEC that is incorporated by reference into this prospectus. The description of preferred shares in any prospectus supplement will not describe all of the terms of the preferred shares in detail. You should read the applicable articles supplementary or amendment to our declaration of trust for a complete description of all of the terms. Rank.Unless we say otherwise in a prospectus supplement, the preferred shares offered through that supplement will, with respect to dividend rights and rights upon our liquidation, dissolution or winding up, rank:

| • |     | senior to all classes or series of our common shares, and to all other equity securities ranking junior to those 
 preferred shares;                                                                                                |

| • |     | on a parity with all of our equity securities ranking on a parity with the preferred shares; and |

| • |     | junior to all of our equity securities ranking senior to the preferred shares