Form 4: Alexandria Real Estate Equities CEO Peter Moglia Reports Changes in Beneficial Ownership
SEC Form 4 Filing
CEO Peter Moglia reports changes in beneficial ownership of Alexandria Real Estate Equities stock due to forfeiture of restricted stock and shares withheld for tax obligations.
Summary
- On March 29, 2024, Peter Moglia, CEO of Alexandria Real Estate Equities, reported changes in his beneficial ownership of the company's stock.
- A total of 3,715 shares of common stock were forfeited, representing a portion of a restricted stock award.
- Additionally, 2,478 shares were withheld by the issuer to cover tax obligations related to the vesting of restricted stock at a price of $128.91.
- Following these transactions, Moglia's direct ownership decreased to 243,490 shares.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation adjustments; neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard stock activity related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction and report filing. |
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