Form 4: Alexandria Real Estate Equities Chief Accounting Officer Reports Stock Transaction

Andres Gavinet, Chief Accounting Officer of Alexandria Real Estate Equities, sold 6,897 shares of common stock to cover tax obligations.

Summary

• Andres Gavinet, the Chief Accounting Officer of Alexandria Real Estate Equities, reported a transaction involving the company's common stock.
• On December 13, 2024, Mr. Gavinet disposed of 6,897 shares of common stock at a price of $102.66 per share.
• This transaction was executed to cover tax obligations arising from the vesting of restricted stock.
• Following the transaction, Mr. Gavinet directly owns 72,611 shares of Alexandria Real Estate Equities common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing for an insider stock transaction, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It does not indicate any specific trend in the real estate industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider sales to cover tax obligations.
• Similar transactions are regularly reported by officers and directors of other real estate investment trusts (REITs) and public companies.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale by an officer to cover tax obligations.

Key Dates

Keywords

stock transaction, insider trading, Form 4, Alexandria Real Estate Equities, ARE, Chief Accounting Officer, Andres Gavinet, tax obligations, restricted stock