Form 4: Essex Property Trust CEO Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Angela L. Kleiman, President and CEO of Essex Property Trust, reports the withholding of 471 common stock shares to cover tax obligations related to the release of restricted stock units.
Summary
- On February 7, 2025, Angela L. Kleiman, President and CEO of Essex Property Trust, had 471 shares of common stock withheld by the company.
- This withholding was to satisfy tax obligations related to the release of restricted stock units granted on February 8, 2024.
- The price per share for the transaction was $292.14.
- Following the transaction, Kleiman directly owns 10,824 shares of Essex Property Trust common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/08/2024 | Date of grant for the restricted stock units. |
| 02/07/2025 | Date of the stock transaction (tax withholding). |
| 02/11/2025 | Date of the report filing. |
Keywords
Form 4, Essex Property Trust, Angela L. Kleiman, Stock Transaction, Restricted Stock Units, Tax Withholding, Beneficial Ownership
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