Form 4: Alexandria Real Estate Equities Executive Reports Stock Transactions
SEC Filing
Gary D. Dean, EVP of Real Estate Legal Affairs at Alexandria Real Estate Equities, reports the forfeiture and tax withholding of common stock shares.
Summary
- Gary D. Dean, an executive at Alexandria Real Estate Equities, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On March 29, 2024, Mr. Dean forfeited 375 shares of common stock.
- Additionally, 136 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, Mr. Dean beneficially owns 50,816 shares of Alexandria Real Estate Equities common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
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 sentiment and potential alignment with shareholder interests.
Stakeholder Impact
- The transactions reported may provide insights to shareholders regarding executive compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of stock forfeiture and tax withholding. |
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