Form 4: ARE Co-COO Joseph Hakman Reports Stock Changes

Alexandria Real Estate Equities Co-Chief Operating Officer Joseph Hakman reported changes in his beneficial ownership of common stock, including a forfeiture and shares withheld for taxes.

Summary

• Joseph Hakman, Co-Chief Operating Officer of Alexandria Real Estate Equities, Inc. (ARE), reported changes in his beneficial ownership of common stock.
• On January 23, 2026, Hakman reported the forfeiture of 1,759 shares of common stock, which represents a portion of a previously reported restricted stock award.
• Additionally, 214 shares of common stock were withheld by the issuer on January 23, 2026, at a price of $59.69 per share, to satisfy a tax obligation upon the vesting of restricted stock.
• Following these transactions, Hakman's direct beneficial ownership of common stock is 68,875 shares.

Sentiment

Score: 5

Explanation: Neutral. This is a routine compliance filing reporting insider transactions related to restricted stock awards, including a forfeiture and tax withholding, which are common events in executive compensation.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• NA

Industry Context

This filing is a routine insider transaction report and does not provide specific insights into broader industry trends or competitive positioning.

Comparison to Industry Standards

• NA

Management Changes

Corporate Governance

Legal Proceedings

• NA

Related Party Transactions

• NA

Stakeholder Impact

• Shareholders: The reported transactions are routine and part of executive compensation, having a negligible direct impact on the company's overall share structure or value.
• Employees: Joseph Hakman, as an employee, experienced the vesting of restricted stock, leading to tax obligations satisfied by share withholding, and a forfeiture of a portion of an award.

Next Steps

• NA

Key Dates

Recommendation

This Form 4 filing details routine insider transactions related to restricted stock awards, including a forfeiture and shares withheld for tax obligations. Such disclosures are standard compliance events and do not typically provide new material information that would alter the fundamental investment thesis for Alexandria Real Estate Equities. Therefore, a 'hold' recommendation is appropriate as this filing does not present a catalyst for significant price movement or a change in the company's underlying value.

Keywords

Alexandria Real Estate Equities, ARE, Joseph Hakman, Form 4, Insider Trading, Restricted Stock, Stock Forfeiture, Tax Withholding, Beneficial Ownership, Co-Chief Operating Officer