Form 4: Alexandria Real Estate Equities Executive Sells Shares to Cover Tax Obligations

An executive at Alexandria Real Estate Equities sold 3,723 shares of common stock to cover tax obligations arising from the vesting of restricted stock.

Summary

• Orraparn C. Lee, an Executive Vice President at Alexandria Real Estate Equities, sold 3,723 shares of common stock on December 13, 2024.
• The sale was executed at a price of $102.66 per share.
• The shares were sold to cover tax obligations related to the vesting of restricted stock.
• Following the transaction, Ms. Lee directly owns 38,309 shares of Alexandria Real Estate Equities common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine transaction related to executive compensation and tax obligations, and is common in publicly traded companies.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a standard practice across publicly traded companies.
• Similar transactions are regularly reported by executives at comparable real estate investment trusts (REITs) such as Prologis (PLD) and Equity Residential (EQR).

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

Keywords

Form 4, insider trading, stock sale, executive, Alexandria Real Estate Equities, ARE, Orraparn C. Lee, tax obligations, restricted stock