Form 4: Alexandria Real Estate CEO Disposes of Shares for Tax Obligations

Peter M. Moglia, Chief Executive Officer of Alexandria Real Estate Equities, Inc., reported a disposition of 743 shares of common stock to satisfy tax obligations related to restricted stock vesting.

Summary

• Peter M. Moglia, the Chief Executive Officer of Alexandria Real Estate Equities, Inc. (ARE), reported a transaction on May 30, 2025.
• The transaction involved the disposition of 743 shares of common stock at a price of $70.19 per share.
• These shares were withheld by the issuer to satisfy a tax obligation incurred by Mr. Moglia upon the vesting of restricted stock.
• Following this transaction, Mr. Moglia beneficially owns 284,482 shares of Alexandria Real Estate Equities, Inc. common stock.
• The reported beneficial ownership also includes 17 shares received via inheritance that were not previously included in Mr. Moglia's Section 16 reports.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine disposition of shares for tax purposes upon vesting of restricted stock, which is a common and expected event for executive compensation.

Positives

• The transaction indicates the vesting of restricted stock, which is a form of equity compensation for the executive, suggesting continued alignment of management interests with shareholder value through long-term incentives.

Negatives

• The disposition of 743 shares, even for tax purposes, results in a slight reduction of the CEO's direct beneficial ownership in the company.

Future Outlook

This document, an SEC Form 4, reports a specific insider transaction and does not contain forward-looking statements or guidance regarding the company's future financial performance or strategic outlook.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction, specifically a disposition for tax purposes, which is common practice for executives receiving equity compensation. It does not provide broader insights into the real estate or REIT industry trends, nor does it reflect on the company's operational performance relative to its peers.

Stakeholder Impact

• Shareholders: The impact on shareholders is minimal as this is a small, routine transaction related to executive compensation and tax obligations, not a discretionary sale indicating a change in management's confidence.

Key Dates

Keywords

Alexandria Real Estate Equities, ARE, Peter M. Moglia, SEC Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock, Beneficial Ownership, Real Estate Investment Trust, REIT