Form 4: Equity Residential Director Mary Kay Haben Executes Stock Option and Sells Shares

Director Mary Kay Haben exercised stock options and sold shares of Equity Residential on April 26, 2024.

Summary

• On April 26, 2024, Mary Kay Haben, a director of Equity Residential, exercised non-qualified stock options to acquire 3,241 common shares at a price of $52.20 per share.
• Simultaneously, Ms. Haben sold 3,241 common shares at $65.48 per share.
• Following these transactions, Ms. Haben directly owns 9,720 common shares and indirectly owns 17,476 shares through a SERP account.
• The direct total includes restricted shares of Equity Residential scheduled to vest in the future.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions. It provides transparency into the trading activities of company insiders, which is important for investors to assess management's perspective on the company's value and prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the number of shares available in the market.

Key Dates