Form 4: Alexandria Real Estate Equities Executive Hunter Kass Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Hunter Kass, Co-President and RMD of Alexandria Real Estate Equities, reports the forfeiture of restricted stock and shares withheld for tax obligations.
Summary
- On March 29, 2024, Hunter Kass, Co-President and RMD of Alexandria Real Estate Equities, reported changes in beneficial ownership of the company's common stock.
- Kass forfeited 2,240 shares of common stock from a previously reported restricted stock award.
- Additionally, 658 shares were withheld by the issuer to cover tax obligations related to the vesting of restricted stock at a price of $128.91.
- Following these transactions, Kass directly owns 133,513 shares of Alexandria Real Estate Equities common stock.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to stock-based compensation and tax obligations, which are common practices in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not indicate a change in the company's overall financial health.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction: forfeiture of restricted stock and tax withholding. |
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