Form 4: Alexandria Real Estate EVP Sells Shares for Tax Obligation

Alexandria Real Estate Equities EVP Gary D. Dean disposed of 2,450 shares of common stock to cover tax obligations related to restricted stock vesting.

Summary

• Gary D. Dean, Executive Vice President of Real Estate Legal Affairs at Alexandria Real Estate Equities, Inc. (ARE), reported a disposition of common stock.
• The transaction involved 2,450 shares of common stock disposed of on December 15, 2025.
• The shares were disposed of at a price of $47.41 per share.
• This disposition was made to satisfy a tax obligation realized by Mr. Dean upon the vesting of restricted stock.
• Following this transaction, Mr. Dean beneficially owns 53,491 shares of common stock directly.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax purposes, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

NA

Industry Context

This is a routine insider transaction common across all industries, where executives dispose of shares to cover tax liabilities upon the vesting of equity awards. It does not reflect specific industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, pre-planned transaction for tax purposes and does not reflect a change in the executive's confidence in the company or its fundamentals.
• Employees: No direct impact.

Key Dates

Keywords

Alexandria Real Estate Equities, ARE, Form 4, Insider Transaction, Stock Disposition, Tax Obligation, Restricted Stock Vesting, Executive Compensation