[Form 4] ALEXANDRIA REAL ESTATE EQUITIES, INC. Insider Trading Activity

Rhea-AI Filing Summary

Kass Hunter, Co-President and RMD of Alexandria Real Estate Equities, Inc. (ARE), reported a sale of 2,347 shares of common stock on 09/15/2025 at a price of $85.57 per share. The filing states these shares were withheld by the issuer to satisfy a tax obligation arising when restricted stock vested. After the transaction, the reporting person beneficially owned 162,674 shares, held directly. The Form 4 was signed by an attorney-in-fact.

Positive

• Timely and transparent disclosure of insider share change in compliance with Section 16 filing requirements
• Transaction explained as tax withholding for vested restricted stock rather than an open-market sale
• Reporting person retains significant direct ownership (162,674 shares) after the transaction

Negative

• Insider disposition of 2,347 shares, which may be viewed negatively by some investors despite being for tax withholding

Insights

Securities Analyst

TL;DR: Officer reported a small, tax-withholding sale of vested restricted stock; beneficial ownership remains sizable and the filing is routine.

The transaction is recorded as a disposition of 2,347 shares at $85.57, explained by the issuer withholding shares to cover tax on vested restricted stock. This is a common administrative action following vesting and does not indicate an open-market sale. The reporting person's post-transaction direct holding of 162,674 shares preserves meaningful exposure to the issuer. For investors, the filing confirms compliance with Section 16 reporting requirements and timely disclosure of insider changes.

Corporate Governance Expert

TL;DR: Filing documents a standard withholding to satisfy tax obligations on vested equity; governance and disclosure procedures appear followed.

The Form 4 identifies the reporting person as an officer (Co-President and RMD) and shows the transaction was administrative (tax withholding) rather than a discretionary sale. The form is signed by an attorney-in-fact, indicating delegation for filing. The filing provides clear details: date, amount, price, and resulting beneficial ownership, fulfilling disclosure norms for insider transactions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kass Hunter

(Last) (First) (Middle)

C/O ALEXANDRIA REAL ESTATE EQUITIES, INC

26 NORTH EUCLID AVENUE

(Street)

PASADENA CA 91101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALEXANDRIA REAL ESTATE EQUITIES, INC. [ ARE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-President and RMD

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/15/2025		F		2,347(1)	D	$85.57	162,674	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld by the issuer to satisfy a tax obligation realized by the reporting person upon the vesting of restricted stock.

Remarks:

	/s/ Jennifer Consul, Attorney-in-Fact	09/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Kass Hunter (ARE) report on Form 4?

The filing reports a disposition of 2,347 shares on 09/15/2025 at $85.57 per share, with the shares withheld to satisfy a tax obligation from vested restricted stock.

How many Alexandria Real Estate Equities (ARE) shares does the reporting person own after the transaction?

After the reported transaction the reporting person beneficially owned 162,674 shares, held directly.

Was the Form 4 sale an open-market transaction or an administrative withholding?

The filing states the shares were withheld by the issuer to satisfy tax obligations upon vesting of restricted stock, indicating an administrative withholding.

Who signed the Form 4 filing for Kass Hunter?

The Form 4 was signed by Jennifer Consul, Attorney-in-Fact on 09/15/2025.

What is the reporting person’s role at ARE listed on the Form 4?

The reporting person is listed as a Director and as an Officer with the titles Co-President and RMD.