Form 4: Alexandria Real Estate Equities Executive Hakman Reports Stock Forfeiture and Tax Withholding
SEC Form 4 Filing
Joseph Hakman, Co-Chief Operating Officer of Alexandria Real Estate Equities, reports the forfeiture of restricted stock and shares withheld for tax obligations.
Summary
- On March 29, 2024, Joseph Hakman, Co-Chief Operating Officer of Alexandria Real Estate Equities, reported changes in his beneficial ownership of the company's stock.
- Hakman forfeited 585 shares of common stock from a previously reported restricted stock award.
- Additionally, 313 shares were withheld by the issuer to cover Hakman's tax obligations upon the vesting of restricted stock at a price of $128.91.
- Following these transactions, Hakman beneficially owns 67,516 shares of Alexandria Real Estate Equities common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It's a neutral disclosure of information.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of stock forfeiture and tax withholding. |
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