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Alexandria Real Estate (ARE) EVP updates stake after restricted stock forfeiture

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Alexandria Real Estate Equities, Inc. executive Lee Orraparn C., EVP - Accounting, reported routine share adjustments related to restricted stock. On January 23, 2026, 1,120 shares of common stock were forfeited from a previously reported restricted stock award, with no sale proceeds reported. On the same date, 95 shares were withheld by the company to cover tax obligations triggered by the vesting of restricted stock at a price of $59.69 per share. After these transactions, Orraparn directly beneficially owned 48,249 shares of Alexandria Real Estate common stock.

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Insider Lee Orraparn C.
Role EVP - Accounting
Type Security Shares Price Value
Disposition Common Stock 1,120 $0.00 --
Tax Withholding Common Stock 95 $59.69 $6K
Holdings After Transaction: Common Stock — 48,344 shares (Direct)
Footnotes (1)
  1. Represents the forfeiture of a portion of a restricted stock award previously reported. Represents shares withheld by the issuer to satisfy a tax obligation realized by the reporting person upon the vesting of restricted stock.
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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
Estimated average burden
hours per response: 0.5
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*
Lee Orraparn C.

(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)
EVP - Accounting
3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026
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 01/23/2026 D 1,120(1) D $0 48,344 D
Common Stock 01/23/2026 F 95(2) D $59.69 48,249 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 the forfeiture of a portion of a restricted stock award previously reported.
2. Represents shares withheld by the issuer to satisfy a tax obligation realized by the reporting person upon the vesting of restricted stock.
Remarks:
/s/ Bill Boyle, Attorney-in-Fact 01/24/2026
** 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 insider transactions did Alexandria Real Estate (ARE) report for Lee Orraparn C.?

Alexandria Real Estate EVP - Accounting, Lee Orraparn C., reported two non-derivative transactions on January 23, 2026: forfeiture of 1,120 restricted shares and 95 shares withheld to cover taxes upon restricted stock vesting.

How many Alexandria Real Estate (ARE) shares does Lee Orraparn C. own after this Form 4?

Following the reported transactions, Lee Orraparn C. directly beneficially owned 48,249 shares of Alexandria Real Estate common stock. This figure reflects both the 1,120-share forfeiture and the 95 shares withheld for tax obligations tied to restricted stock vesting.

What does the 1,120-share transaction on January 23, 2026 represent for ARE?

The 1,120-share transaction on January 23, 2026 represents the forfeiture of a portion of a restricted stock award previously reported for Alexandria Real Estate executive Lee Orraparn C., rather than an open-market sale of common stock.

Why were 95 Alexandria Real Estate (ARE) shares withheld from Lee Orraparn C.?

The 95 withheld shares reflect stock held back by Alexandria Real Estate to satisfy a tax obligation realized by Lee Orraparn C. upon the vesting of restricted stock, at a reported price of $59.69 per share.

Are the reported Alexandria Real Estate (ARE) Form 4 transactions open-market sales?

The reported transactions are not open-market sales. They involve a forfeiture of 1,120 restricted shares and 95 shares withheld by the issuer to cover taxes upon restricted stock vesting for executive Lee Orraparn C.

What role does Lee Orraparn C. hold at Alexandria Real Estate (ARE)?

Lee Orraparn C. serves as EVP - Accounting at Alexandria Real Estate Equities, Inc. This position is identified in the Form 4, which reports changes in her beneficial ownership of the company’s common stock related to restricted stock awards.