Form 4: Alexandria Real Estate COO Withholds Shares for Tax

Joseph Hakman, Co-Chief Operating Officer of Alexandria Real Estate Equities, Inc., had 1,371 shares withheld for tax obligations following restricted stock vesting.

Summary

• Joseph Hakman, Co-Chief Operating Officer of Alexandria Real Estate Equities, Inc. (ARE), reported a transaction on September 15, 2025.
• The transaction involved the disposition of 1,371 shares of common stock at a price of $85.57 per share.
• These shares were withheld by the issuer to satisfy a tax obligation incurred by Mr. Hakman upon the vesting of restricted stock.
• Following this transaction, Mr. Hakman beneficially owns 72,928 shares of common stock directly.

Sentiment

Score: 6

Explanation: Slightly positive. While shares were 'disposed,' it was a non-discretionary tax withholding event following the vesting of restricted stock, which is a positive compensation event for the executive. It does not indicate a negative outlook or a discretionary sale.

Positives

• The transaction indicates the vesting of restricted stock, which is a positive event for the Co-Chief Operating Officer, Joseph Hakman, as it represents earned compensation.
• The withholding of shares for tax purposes is a standard and expected procedure following restricted stock vesting, demonstrating compliance with tax obligations.

Negatives

• No discretionary sale of shares by the insider occurred; the disposition was solely for tax withholding purposes.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This is a routine insider transaction related to equity compensation and tax obligations, common across all industries for publicly traded companies with executive stock plans. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction involving a small number of shares relative to the company's total outstanding shares. It reflects standard executive compensation practices.
• Employees: The vesting of restricted stock and subsequent tax withholding is a common component of executive compensation, aligning executive interests with long-term company performance.

Key Dates

Keywords

Alexandria Real Estate Equities, ARE, Joseph Hakman, Insider Transaction, Form 4, Restricted Stock, Tax Withholding, Officer, Equity Compensation