Form 4: Alexandria Real Estate Equities Executive Lawrence J. Diamond Reports Stock Transaction
SEC Form 4 Filing
Lawrence J. Diamond, Co-Chief Operating Officer of Alexandria Real Estate Equities, reports disposition of shares to cover tax obligations upon vesting of restricted stock.
Summary
- On September 13, 2024, Lawrence J. Diamond, Co-Chief Operating Officer of Alexandria Real Estate Equities, reported a transaction involving common stock.
- The transaction involved the disposition of 1,528 shares to satisfy a tax obligation related to the vesting of restricted stock.
- The price per share for the disposition was $124.42.
- Following the transaction, Diamond beneficially owns 130,818 shares of Alexandria Real Estate Equities common stock.
Sentiment
Score: 5
Explanation: The document reflects a neutral event (tax obligation coverage) and doesn't inherently indicate 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 a standard transaction to cover tax obligations related to stock vesting, which is a common practice.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of stock transaction |
| 09/16/2024 | Date of signature on the report |
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