Form 4: Alexandria Real Estate Equities Executive Forfeits Shares to Cover Tax Obligations
SEC Form 4 Filing
Vincent Ciruzzi, Chief Development Officer of Alexandria Real Estate Equities, forfeited shares to cover tax obligations and a portion of a restricted stock award.
Summary
- On March 29, 2024, Vincent Ciruzzi, Chief Development Officer of Alexandria Real Estate Equities, reported changes in beneficial ownership.
- Ciruzzi forfeited 1,105 shares of common stock related to a restricted stock award.
- Additionally, 395 shares were withheld by the issuer to satisfy a tax obligation upon the vesting of restricted stock at a price of $128.91 per share.
- Following these transactions, Ciruzzi beneficially owns 92,012 shares of Alexandria Real Estate Equities common stock.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and tax obligations, with no indication of significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction and filing of Form 4 |
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