Form 4: Alexandria Real Estate Equities CFO Marc E. Binda Reports Changes in Beneficial Ownership
SEC Form 4 Filing
CFO of Alexandria Real Estate Equities, Marc E. Binda, reports the forfeiture of restricted stock and shares withheld for tax obligations.
Summary
- On March 29, 2024, Marc E. Binda, CFO & Treasurer of Alexandria Real Estate Equities, reported changes in beneficial ownership of the company's common stock.
- Binda forfeited 1,105 shares of common stock from a previously reported restricted stock award.
- Additionally, 395 shares were withheld by the issuer to cover tax obligations related to the vesting of restricted stock at a price of $128.91 per share.
- Following these transactions, Binda directly owns 93,026 shares of Alexandria Real Estate Equities common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates standard compensation practices involving stock awards and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction: forfeiture of restricted stock and tax withholding. |
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