Form 4: ARE Executive Reports Restricted Stock Forfeiture & Tax Withholding

Alexandria Real Estate Equities EVP Jesse J. Nelson reported the forfeiture of restricted stock and shares withheld for tax obligations on January 23, 2026.

Summary

• Jesse J. Nelson, Executive Vice President RMD of Alexandria Real Estate Equities, Inc. (ARE), reported two dispositions of common stock.
• On January 23, 2026, 1,759 shares of common stock were forfeited, representing a portion of a previously reported restricted stock award.
• Also on January 23, 2026, 210 shares of common stock were disposed of at a price of $59.69 per share. These shares were withheld by the issuer to satisfy a tax obligation realized by the reporting person upon the vesting of restricted stock.
• Following these reported transactions, Jesse J. Nelson beneficially owns 57,456 shares of Alexandria Real Estate Equities, Inc. common stock.

Sentiment

Score: 5

Explanation: Neutral. The transactions represent routine events related to executive compensation: a forfeiture of restricted stock (which can be due to unmet conditions or a structured vesting schedule) and shares withheld for tax purposes upon vesting. These are not indicative of a positive or negative sentiment towards the company's future performance by the insider, but rather administrative actions.

Negatives

• The forfeiture of 1,759 shares of restricted stock represents a loss of potential equity for the executive.
• The disposition of 210 shares to cover tax obligations reduces the executive's direct ownership in the company.

Future Outlook

No future outlook or forward-looking statements are provided in this insider transaction report.

Industry Context

This filing is specific to an individual executive's equity transactions and does not provide broader industry context or trends for the real estate sector.

Stakeholder Impact

• Shareholders: The disposition of shares for tax withholding results in a minor, standard dilution. The forfeiture of restricted stock reduces the number of shares that would have vested, potentially mitigating future dilution.

Key Dates

Recommendation

The filing details routine insider transactions related to executive compensation, specifically the forfeiture of restricted stock and shares withheld for tax obligations upon vesting. These administrative events do not provide new material information to alter an investment thesis for Alexandria Real Estate Equities. The transactions are neutral in nature and do not signal a change in the company's fundamental outlook or the executive's confidence. Therefore, a 'hold' recommendation is appropriate, maintaining existing positions based on broader company fundamentals rather than these specific insider disclosures.

Keywords

Alexandria Real Estate Equities, ARE, Jesse J. Nelson, Insider Transaction, Form 4, Restricted Stock, Stock Forfeiture, Tax Withholding, Executive Compensation, Equity Ownership