Form 4: Alexandria Real Estate Equities CEO Peter Moglia Reports Tax-Related Stock Disposal
SEC Form 4 Filing
CEO Peter Moglia of Alexandria Real Estate Equities reports the disposal of 595 common stock shares to cover tax obligations arising from vesting restricted stock on September 30, 2024.
Summary
- On September 30, 2024, Peter Moglia, CEO of Alexandria Real Estate Equities, reported a transaction involving the disposal of 595 shares of common stock.
- The shares were disposed of to satisfy a tax obligation related to the vesting of restricted stock.
- The transaction was executed at a price of $118.75 per share.
- Following the transaction, Moglia directly owns 239,918 shares of Alexandria Real Estate Equities common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It reflects a standard transaction related to tax obligations and doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common occurrence when restricted stock vests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: disposal of shares to cover tax obligations. |
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