Company: FRT-PC
Filing Date: 2025-02-14
Form Type: 424B5
Source: 0001193125-25-026560
Chunk: 47

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-02-14
Form: 424B5
Chunk 47
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 may be issuable as, and for a specified period of time may be transferable as, a single security only, rather than as the separate constituent securities comprising such units. The following are some of the unit terms that could be described in a prospectus supplement:

| • |     | the title of any series of units; |

| • |     | the designation and terms of the units and of the securities comprising the units; |

| • |     | the aggregate number of, and the price at which we will issue, the units and any provisions for the issuance, 
 payment, settlement, transfer or exchange of the units or of the securities comprising the units;             |

| • |     | the date, if any, on and after which the constituent securities comprising the units will be separately 
 transferable;                                                                                           |

| • |     | whether the units will be issued in fully registered or global form; |

| • |     | a description of the terms of any unit agreement to be entered into between us and a bank or trust company, as 
 unit agent, governing the units;                                                                               |

| • |     | a discussion of the material U.S. federal income tax considerations applicable to the units; |

| • |     | whether the units will be listed on any securities exchange; and |

| • |     | any other terms of the units and their constituent securities. |

Certain Provisions of Maryland Law and our Declaration of Trust and Bylaws The following summary of certain provisions of the Maryland General Corporation Law and our declaration of trust and bylaws is not complete. You should read the Maryland General Corporation Law and our declaration of trust and bylaws for more complete information. The following provisions, together with the ability of the Board of Trustees to increase the number of authorized shares, in the aggregate or by class, and to issue preferred shares without further shareholder action, the transfer restrictions described under “— Restrictions on Ownership and Transfer of Company Shares” and the supermajority voting rights described under “— Common Shares of the Company — Voting Rights,” may delay or frustrate the removal of incumbent trustees or the completion of transactions that would be beneficial, in the short term, to our shareholders. The provisions may also discourage or make more difficult a merger, tender offer, other business combination or proxy contest, the assumption of control by a holder of a large block of our securities or the removal of incumbent management, even if these events would offer our shareholders a premium price on their securities or otherwise be favorable to the interests of our shareholders