Form 4: Alexandria Real Estate Equities Executive Reports Stock Transactions
SEC Form 4 Filing
Jackie B. Clem, General Counsel & Secretary of Alexandria Real Estate Equities, reports the forfeiture and tax withholding of common stock.
Summary
- On March 29, 2024, Jackie B. Clem, General Counsel & Secretary of Alexandria Real Estate Equities, reported transactions involving the company's common stock.
- A forfeiture of 375 shares of common stock was reported.
- Additionally, 132 shares were withheld by the issuer to cover tax obligations related to the vesting of restricted stock at a price of $128.91 per share.
- Following these transactions, Clem directly owns 50,874 shares of Alexandria Real Estate Equities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
Form 4 filings are a routine part of the US market and provide transparency into the transactions of company insiders. This filing indicates activity by a high-ranking officer at Alexandria Real Estate Equities.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of stock forfeiture and tax withholding. |
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