Form 4: Alexandria Real Estate Equities Executive Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Andres Gavinet, Chief Accounting Officer of Alexandria Real Estate Equities, reports disposition of shares to cover tax obligations upon vesting of restricted stock.
Summary
- On September 13, 2024, Andres Gavinet, the Chief Accounting Officer of Alexandria Real Estate Equities, Inc. (ARE), disposed of 1,445 shares of common stock to cover tax obligations.
- The transaction was executed at a price of $124.42 per share.
- Following the transaction, Gavinet directly owns 99,507 shares of ARE common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents a routine transaction for tax purposes and doesn't indicate any significant positive or negative implications for the company.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock disposal, common when restricted stock vests.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of stock transaction |
| 09/16/2024 | Date of signature on the report |
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