Form 4: Alexandria Real Estate Equities Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Gary D. Dean, EVP of Real Estate Legal Affairs at Alexandria Real Estate Equities, sold 650 shares to cover tax obligations related to vesting restricted stock.
Summary
- On September 13, 2024, Gary D. Dean, EVP of Real Estate Legal Affairs at Alexandria Real Estate Equities, sold 650 shares of common stock.
- The sale was executed to cover tax obligations arising from the vesting of restricted stock.
- The price per share was $124.42.
- Following the transaction, Dean directly owns 50,166 shares of Alexandria Real Estate Equities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock sale for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of the stock sale transaction. |
| 09/16/2024 | Date of signature on the Form 4 filing. |
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